ElectronVibe

ElectronVibe 2024

A business-case development competition for
which we identify a common problem statement faced by multiple
Indian electric utilities, and then undertake an open call to
select mature power sector startups that have innovative
solutions that address the problem statement(s).

Problem Statement

The problem statement has be arrived at by taking a consultative approach via a series of discussions with Indian electric utilities along with other stakeholders in the power sector.

What is the Problem?

Many electric utilities in India are facing low billing efficiencies due to a multitude of factors including electricity theft, inaccurate data collection methods and hardware and processing etc. Low billing efficiency is also due to inaccurate customer data and management systems. Low billing efficiency leads to higher aggregate technical and commercial losses for the utilities, ultimately leading to higher costs for consumers.

Solution

Consumer profiling – for better detection of theft; to provide value-added services

Consumption data analytics – for energy benchmarking; optimization of resources (manpower, grid assets); to develop energy consumption trends and forecasting, etc

Meter reading solutions – for accurate energy consumption data collection; for optimization of resources (manpower); to minimize consumer complaints

Bill collection systems – for reliable, trusted payment systems suitable for different customer types

What’s in it for you?

Gain Domain Experience

Understand the power sector, and how to work with Indian electric utilities, by learning directly from industry experts via a structured training program (delivered via weekly webinars).

Networking

Opportunity to interact with a wide range of mature power sector startups and mentors. You will have regular access to our program partners with diverse expertise in the power sector.

Opportunity to Engage

Throughout the program, there will be opportunities to meet with power sector & Indian electric utility professionals, and engage with them to potentially secure a post-program pilot.

TIMELINE

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Knowledge Partner

Ecosystem Partner

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Outreach Partners

Program Partners

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Knowledge Partner

Ecosystem Partner

Supported By

Outreach Partners

Program Partners