REC Demonstrates First Live Peer-to-Peer Energy Trading Pilot
The highlight was a first-of-its-kind live P2P decentralised energy transaction conducted under the IES framework, demonstrating end-to-end feasibility in a public setting. A farmer from Meerut sold six units of surplus solar-generated electricity to a garment shop owner in Delhi using a secure blockchain-enabled platform and earned Rs 30, illustrating the practical benefits for small prosumers. The transaction showcased how the IES, conceived as a Digital Public Infrastructure (DPI), can convert households and micro businesses into active energy agents.
The pilot is designed to enable prosumers, including households, businesses and farmers, to trade surplus renewable generation directly with consumers through trusted digital protocols and standardised interfaces. By reducing reliance on centralised settlement mechanisms, the initiative aims to foster participation, efficiency and new revenue streams for distributed generators. Stakeholders noted that interoperable systems and clear governance will be critical to scale such decentralised markets.
The live demonstration was attended by senior officials including the Chair of the IES, the Chairman and Managing Director of REC, and leaders from state utilities and industry bodies, underscoring cross-sector engagement. A similar demo was presented to the Union Minister for Power during his visit to the REC pavilion on 18 February 2026 and an earlier demonstration was shown to the Prime Minister on 16 February 2026, reflecting government interest in piloting consumer-centric energy solutions. Technology service providers at the pavilion also showcased AI solutions relevant to the power sector.