Tata Power Delhi Distribution and Australian tech firm “Power ledger” announced the launch of its first peer-to-peer solar energy trading project in Delhi. Tata Power Delhi Distribution (TPDDL), a joint venture between Tata Power and the government of NCT of Delhi is a power distribution utility serving the population of Delhi. Tata Power-DDL CEO Ganesh Srinivasan said “Tata Power is focused towards building a ‘Utility of future’ and transforming the power distribution space through innovative green technologies, collaborations and initiatives.” He further said “with growing rooftop solar power being available, we believe that peer-to-peer solar power trading can offer customers the flexibility to buy green power from those who have solar power in excess of their own consumption.”
A total of 150 sites which includes TPDDL’s locations as well as their actual customers with solar generation will be using the platform to sell their excess energy. This project enables development of integrated ecosystem of grid connected, distributed energy resources including EV can participate in P2P market place. Power Ledger Co-founder and Chairman Jemma Green said “Power ledger partnership with ISGF and a major energy provider like Tata Power-DDL is a major milestone in advancing these ambitious targets and introducing the concept of energy trading to the world’s second biggest city.”
