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

08 Oct 2021 CW Team

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

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Building Material

13 Oct 2025

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Infrastructure Urban

13 Oct 2025

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..