Revolutionising the concept of energy monitoring and efficiency

09 Jan 2023 CW Team

There are two aspects of energy management: global and personal. ‘How can I reduce my costs?’ is a question that everybody, from an individual to an organisation, asks themselves.

Energy cost is a cost that is completely unavoidable. The larger a company or industry, the higher its energy costs. Gokul Shrinivas, Founder & CEO, MinionLabs India, elaborates on how reducing energy costs is the most impactful way for any industry to increase its profit numbers.

Apart from just savings, other aspects global corporates look for include sustainability, ESG and international compliance standards. It becomes a matter of corporate responsibility for them to reduce their carbon footprint along with energy saved.

The genesis of MinionLabs lies in Shrinivas’s college days when, for a project, he set out to discover how his college could save on power costs. “To save cost, you need to know the cost,” he points out. “When you know how much energy an appliance consumes, you can define the problem.” Problems can be overuse of power, leakages and more.

“Currently, no solution is available to quantify power consumption at the appliance level. To do that, you need a meter for every appliance,” he elaborates. At Rs10,000 per metreand a licence fee for every connection to the dashboard, this is a high cost. “Plus, knowing will not lower costs. An energy auditorand technician need to be hired, adding further to the surcharges.” To identify and save a small percentage of energy, one ends up paying a higher price with the returns generated only years later.

However, Shrinivas deduced that having this visibility on the exact appliance-wise consumption was critical. For this, his team built an AI-based solution that can be installed on the main electricity board, which intelligently detects energy used by each outlet and appliance. “Through this technology, we leverage just one device to meter multiple appliances. Additionally, this device detects pain points and generates solutions in the form of actionable notifications.”

To read the full article, CLICK HERE.

There are two aspects of energy management: global and personal. ‘How can I reduce my costs?’ is a question that everybody, from an individual to an organisation, asks themselves. Energy cost is a cost that is completely unavoidable. The larger a company or industry, the higher its energy costs. Gokul Shrinivas, Founder & CEO, MinionLabs India, elaborates on how reducing energy costs is the most impactful way for any industry to increase its profit numbers. Apart from just savings, other aspects global corporates look for include sustainability, ESG and international compliance standards. It becomes a matter of corporate responsibility for them to reduce their carbon footprint along with energy saved. The genesis of MinionLabs lies in Shrinivas’s college days when, for a project, he set out to discover how his college could save on power costs. “To save cost, you need to know the cost,” he points out. “When you know how much energy an appliance consumes, you can define the problem.” Problems can be overuse of power, leakages and more. “Currently, no solution is available to quantify power consumption at the appliance level. To do that, you need a meter for every appliance,” he elaborates. At Rs10,000 per metreand a licence fee for every connection to the dashboard, this is a high cost. “Plus, knowing will not lower costs. An energy auditorand technician need to be hired, adding further to the surcharges.” To identify and save a small percentage of energy, one ends up paying a higher price with the returns generated only years later. However, Shrinivas deduced that having this visibility on the exact appliance-wise consumption was critical. For this, his team built an AI-based solution that can be installed on the main electricity board, which intelligently detects energy used by each outlet and appliance. “Through this technology, we leverage just one device to meter multiple appliances. Additionally, this device detects pain points and generates solutions in the form of actionable notifications.” To read the full article, CLICK HERE.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Infrastructure Urban

07 Aug 2026

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Infrastructure Transport

07 Aug 2026

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..