Tata Power ties up with renewable energy AI firm BluWave-ai
POWER & RENEWABLE ENERGY

Tata Power ties up with renewable energy AI firm BluWave-ai

Tata Power Limited has tied up with the renewable energy artificial intelligence (AI) company BluWave-ai and signed three years of a commercial agreement with BluWave-ai, the world's first renewable energy AI company.

The deal was closed after carrying out a successful trial project in which Tata Power evaluated the performance of the BluWave-ai cloud platform to generate intra-day and day-ahead dispatches to use in its power scheduling.

India has taken initiatives to mandate accurate energy scheduling and a real-time market to improve the onboarding of renewable energy in the national grid.

The electricity distribution companies (discoms) are facing strict penalties for deviating from planned energy usage, which results in inaccurate power scheduling.

Tata Power has an innovative plan to activate AI's potential to optimise power scheduling, thus adding a new regulatory change.

Other AI solutions used by Tata Power include The Central Control room for Renewable Assets (CCRA). It uses machine learning based on loss estimation, forecasting and alert notification.

For optimising coal supply and other inventory measurements, Coastal Gujarat Power Limited (CGPL) and Maithon Power Plant Limited (MPL) of Tata Power use it to plant Coal Supply Management (Coal SCM) and Management Strategic Review (MSR).

Tata Power's Mumbai Distribution company has executed a sentiment analysis tool for classifying the email and routing to proactive the assessment of consumer needs.

Besides the forecasting of BluWave, the Power Systems Computation Conference (PSCC) team has also implemented change overload prediction and route-to-market (RTM) optimisation, which uses a neural network and linear programming to ensure optimised power purchase, and thus keeping the power purchase cost at an optimised level.

India Smart Grid Forum (ISGF) has recognised the leadership of Tata Power and BluWave-ai in the Utility Distribution category. It acknowledges the benefits of the BluWave-ai method of forecasting energy consumption load at Tata Power.

Image Source


Also read: Tata Power subsidiary gets LoI for 250 MW solar plant in Maharashtra

Tata Power Limited has tied up with the renewable energy artificial intelligence (AI) company BluWave-ai and signed three years of a commercial agreement with BluWave-ai, the world's first renewable energy AI company. The deal was closed after carrying out a successful trial project in which Tata Power evaluated the performance of the BluWave-ai cloud platform to generate intra-day and day-ahead dispatches to use in its power scheduling. India has taken initiatives to mandate accurate energy scheduling and a real-time market to improve the onboarding of renewable energy in the national grid. The electricity distribution companies (discoms) are facing strict penalties for deviating from planned energy usage, which results in inaccurate power scheduling. Tata Power has an innovative plan to activate AI's potential to optimise power scheduling, thus adding a new regulatory change. Other AI solutions used by Tata Power include The Central Control room for Renewable Assets (CCRA). It uses machine learning based on loss estimation, forecasting and alert notification. For optimising coal supply and other inventory measurements, Coastal Gujarat Power Limited (CGPL) and Maithon Power Plant Limited (MPL) of Tata Power use it to plant Coal Supply Management (Coal SCM) and Management Strategic Review (MSR). Tata Power's Mumbai Distribution company has executed a sentiment analysis tool for classifying the email and routing to proactive the assessment of consumer needs. Besides the forecasting of BluWave, the Power Systems Computation Conference (PSCC) team has also implemented change overload prediction and route-to-market (RTM) optimisation, which uses a neural network and linear programming to ensure optimised power purchase, and thus keeping the power purchase cost at an optimised level. India Smart Grid Forum (ISGF) has recognised the leadership of Tata Power and BluWave-ai in the Utility Distribution category. It acknowledges the benefits of the BluWave-ai method of forecasting energy consumption load at Tata Power. Image SourceAlso read: Tata Power subsidiary gets LoI for 250 MW solar plant in Maharashtra

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?