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    Former IAS officer Sudhanshu Pandey becomes Ladakh’s first SEC

    Former IAS officer Sudhanshu Pandey becomes Ladakh’s first SEC

    9 IAS officers shifted in Bihar, Dayanidhan Pandey appointed Director, Revenue & Land Reforms

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    IPS Kuldeep Dwivedi appointed DIG in CBI, IPS Mukesh Singh posted as IG, ITBP

    IPS Kuldeep Dwivedi appointed DIG in CBI, IPS Mukesh Singh posted as IG, ITBP

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    Tenure of 3 PSU CVOs extended by the Govt

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    Indian MBBS passouts can now practice in US, Australia, Canada, New Zealand

    Government approves Rs 480 crore three-year education scheme for medical devices sector

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    NABH partners NATHEALTH to enhance patient safety

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    Punjab students invest Rs 68,000 cr annually in Canadian education

    Punjab students invest Rs 68,000 cr annually in Canadian education

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    Professor Abhay Karandikar appointed Secretary, Department of Science and Technology, GoI

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    IIT Council inks MoU with Association of American University for Indo-US Global Challenges Institute

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    Noida’s Apeejay School held activities to create awareness on India holding G-20 Event

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    Universities prohibited from including Aadhaar numbers on degrees and certificates, announces UGC

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    First in Rajasthan, Jaipur City Transport Services Limited implements ESG policy

    First in Rajasthan, Jaipur City Transport Services Limited implements ESG policy

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    Businesses with a Rs 100 cr turnover to upload invoices within 30 days starting Nov 1

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    AWS to contribute $23.3 billion to India’s GDP by 2030

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    Micron Technology to start construction of $2.75 billion semiconductor plant in Sanand, Gujarat

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    India plans $2.2 Billion incentives to boost manufacturing in six sectors

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    Delhi Govt plans to launch online portal for faceless document submission of overage vehicles

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    Former IAS officer Sudhanshu Pandey becomes Ladakh’s first SEC

    Former IAS officer Sudhanshu Pandey becomes Ladakh’s first SEC

    9 IAS officers shifted in Bihar, Dayanidhan Pandey appointed Director, Revenue & Land Reforms

    9 IAS officers shifted in Bihar, Dayanidhan Pandey appointed Director, Revenue & Land Reforms

    First in Rajasthan, Jaipur City Transport Services Limited implements ESG policy

    First in Rajasthan, Jaipur City Transport Services Limited implements ESG policy

    UP Chief Secretary DS Mishra and Namami Gange DG G Asok Kumar felicitated by APAC during the 2nd Sustainable Urban Innovation Conclave-Uttar Pradesh Edition

    UP Chief Secretary DS Mishra and Namami Gange DG G Asok Kumar felicitated by APAC during the 2nd Sustainable Urban Innovation Conclave-Uttar Pradesh Edition

    UP Chief Secretary DS Mishra and Namami Gange DG G Asok Kumar Highlights the Need for Holistic Sustainable Urban Development with Tech as Enabler

    UP Chief Secretary DS Mishra and Namami Gange DG G Asok Kumar Highlights the Need for Holistic Sustainable Urban Development with Tech as Enabler

    Rajya Sabha passes historical Women’s Reservation Bill

    Rajya Sabha passes historical Women’s Reservation Bill

    IAS Mayur Rational Govekar appointed Deputy Secretary of MoRTH

    IAS Mayur Rational Govekar appointed Deputy Secretary of MoRTH

    IPS Kuldeep Dwivedi appointed DIG in CBI, IPS Mukesh Singh posted as IG, ITBP

    IPS Kuldeep Dwivedi appointed DIG in CBI, IPS Mukesh Singh posted as IG, ITBP

    Tenure of 3 PSU CVOs extended by the Govt

    Tenure of 3 PSU CVOs extended by the Govt

  • Healthcare
    • All
    • Appointments
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    Indian MBBS passouts can now practice in US, Australia, Canada, New Zealand

    Indian MBBS passouts can now practice in US, Australia, Canada, New Zealand

    Government approves Rs 480 crore three-year education scheme for medical devices sector

    Government approves Rs 480 crore three-year education scheme for medical devices sector

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    Can AI become the real panacea for Indian healthcare?

    PLI scheme for Pharma, drones and textiles to be modified by govt

    PLI scheme for Pharma, drones and textiles to be modified by govt

    NABH partners NATHEALTH to enhance patient safety

    NABH partners NATHEALTH to enhance patient safety

    Kerala Records Fifth Nipah Case, 706 Individuals on Contact List

    Kerala Records Sixth Nipah Case, 39-year-old man latest to test positive

    TCS, Dassault Systems form partnership to create digital models of the human heart

    TCS, Dassault Systems form partnership to create digital models of the human heart

    President Droupadi Murmu to launch Ayushman Bhav campaign today

    President Droupadi Murmu to launch Ayushman Bhav campaign today

    Government to roll out U-Win for maintaining electronic registry of routine immunizations

    Government to roll out U-Win for maintaining electronic registry of routine immunizations

  • Education
    • All
    • Edtech
    • Higher Education
    • News
    • School (K12 Education)
    Punjab students invest Rs 68,000 cr annually in Canadian education

    Punjab students invest Rs 68,000 cr annually in Canadian education

    Professor Abhay Karandikar appointed Secretary, Department of Science and Technology, GoI

    Professor Abhay Karandikar appointed Secretary, Department of Science and Technology, GoI

    IIT Council inks MoU with Association of American University for Indo-US Global Challenges Institute

    IIT Council inks MoU with Association of American University for Indo-US Global Challenges Institute

    Noida's Apeejay School held activities to create awareness on India holding G-20 Event

    Noida’s Apeejay School held activities to create awareness on India holding G-20 Event

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    Meta enters into LoI with NIESBUD, AICTE, CBSE

    G20 Digital Economy Ministers Achieve Historic Consensus on Digital Public Infrastructure Definition: MoS IT

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    Universities prohibited from including Aadhaar numbers on degrees and certificates, announces UGC

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    NCERT receives deemed university status by the Modi government

    USDC collaborates

    USDC collaborates with Kyndryl to develop University-in-a-Box for India’s higher education sector

  • BFSI
    • All
    • Banking
    • Fintech/Financial Services
    • Insurance
    • News
    First in Rajasthan, Jaipur City Transport Services Limited implements ESG policy

    First in Rajasthan, Jaipur City Transport Services Limited implements ESG policy

    Former SBI Chief, Rajnish Kumar, appointed chairman of MasterCard New Delhi

    Former SBI Chief, Rajnish Kumar, appointed chairman of MasterCard New Delhi

    Paytm Group CFO Expresses Confidence in Sustainable Free Cash Flow, Foresees No Future Funding Requirement

    Paytm Group CFO Expresses Confidence in Sustainable Free Cash Flow, Foresees No Future Funding Requirement

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    Businesses with a Rs 100 cr turnover to upload invoices within 30 days starting Nov 1

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    NPCI launches new UPI features to achieve 100 bn monthly transactions

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    Yono app fetches State Bank of India Rs 100 crore in fee income every quarter

    Commerce ministry advises banks to extend export credit to e-commerce exporters

    Commerce ministry advises banks to extend export credit to e-commerce exporters

    RBI allows use of pre-sanctioned credit lines for UPI payments

    RBI allows use of pre-sanctioned credit lines for UPI payments

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    • All
    • Case Studies
    • Electric Vehicle
    • Enterprise Applications
    • Enterprise Deployment
    • Movements
    • New-Gen Technologies
    • News
    • Partnerships & Acquisitions
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    AWS to contribute $23.3 billion to India’s GDP by 2030

    AWS to contribute $23.3 billion to India’s GDP by 2030

    MeITy offers one-year leeway to IT hardware companies on import relief

    MeITy offers one-year leeway to IT hardware companies on import relief

    UP Chief Secretary DS Mishra and Namami Gange DG G Asok Kumar Highlights the Need for Holistic Sustainable Urban Development with Tech as Enabler

    UP Chief Secretary DS Mishra and Namami Gange DG G Asok Kumar Highlights the Need for Holistic Sustainable Urban Development with Tech as Enabler

    Micron Technology to start construction of $2.75 billion semiconductor plant in Sanand, Gujarat

    Micron Technology to start construction of $2.75 billion semiconductor plant in Sanand, Gujarat

    India plans $2.2 Billion incentives to boost manufacturing in six sectors

    India plans $2.2 Billion incentives to boost manufacturing in six sectors

    Karnataka High Court recommends age limit for using social media

    Karnataka High Court recommends age limit for using social media

    Business Leadership in Digital Age: IIT Kanpur ropes in Dr R S Sharma, Dr Ajay Kumar to drive e-Masters Program

    Business Leadership in Digital Age: IIT Kanpur ropes in Dr R S Sharma, Dr Ajay Kumar to drive e-Masters Program

    Government advises Google, Apple app stores against onboarding illegal, unsafe apps

    Government advises Google, Apple app stores against onboarding illegal, unsafe apps

    Microsoft Oracle Partnership: Rivals Join Hands to Face AWS

    Microsoft Oracle Partnership: Rivals Join Hands to Face AWS

  • Startups
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    Delhi Govt plans to launch online portal for faceless document submission of overage vehicles

    Delhi Govt plans to launch online portal for faceless document submission of overage vehicles

    Dark Patterns in E-commerce: Ministry of Consumer Affairs to Shed Light for Affected Users

    Dark Patterns in E-commerce: Ministry of Consumer Affairs to Shed Light for Affected Users

    Government to provide Rs 50 lakh grant for technical textiles startups under GREAT scheme

    Government to provide Rs 50 lakh grant for technical textiles startups under GREAT scheme

    Indian SpaceTech Sector receives $62 Million Funding in 2023

    Indian SpaceTech Sector receives $62 Million Funding in 2023

    Chandrayaan-3 mission: All set for automatic landing sequence, says ISRO

    Chandrayaan-3 mission: All set for automatic landing sequence, says ISRO

    National e-commerce policy in final stages, no new draft to be issued

    National e-commerce policy in final stages, no new draft to be issued

    Karnataka plans for a research foundation to conduct R&D in startups

    Karnataka plans for a research foundation to conduct R&D in startups

    Nasscom seeks direct listing of overseas Indian startups

    Nasscom seeks direct listing of overseas Indian startups

    TVS partners with Zomato, to deploy 10,000 electric scooters in delivery fleet in 2 years

    TVS partners with Zomato, to deploy 10,000 electric scooters in delivery fleet in 2 years

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Home Interview

Our Theft Detection Solution is Truly a ‘Make-in-India’ Initiative

Gautam Aggarwal, Chief Revenue Officer, Bidgely in an exclusive interaction with Rajneesh De, Consulting Editor, APAC News Network.

August 31, 2022
in Interview
Our Theft Detection Solution is Truly a ‘Make-in-India’ Initiative

Bidgely has exhibited its expertise in empowering both electric and gas utility companies in North America, EU, and APAC markets. How are you progressing in India?

Bidgely helps global electric and gas utilities to gain deep energy insights based on patented Artificial Intelligence (AI) and Machine Learning (ML) data analytics and use these insights for consumers and grid management. Our solutions empower more than 30 million homes and 40+ utilities in these geographies.

India is a very important market for Bidgely since our roots are here! We have closely followed the Indian power sector over the last few decades – from the time when we were a significantly power deficient country to now when we have surplus power. But energy theft has been and still is one of the biggest challenges of the Indian power sector – estimates are that the annual losses due to electricity theft alone would be in the range of $8-10 billion dollars!

The Govt of India has been taking various measures to improve the situation for the distribution companies, and the 250 million smart meter implementation program initiative is a welcome step to mitigate this challenge. We know that the power distribution companies want to provide its customers with the best of the services, but the financial condition prevents any value added service to the end-consumer. Therefore, we had been working on developing a data science driven AI/ML energy analytics solution which can help distribution companies to plug the revenue leakage. In parallel, we would be glad to help the distribution companies use the power of data to do more for the consumers and the grid.

What is the actual technology that powers your energy theft solution?

We all have now heard the saying that ‘data is the new oil!’ At Bidgely, we started focusing on energy data more than a decade back. Both smart meters and electronic meters have the capability to generate and capture data at 15 or 30 minute intervals – primary difference being that a smart meter can communicate with the utility systems and transmit the data there, while an electronic meter stores the data at the device level only. At the core, Bidgely’s patented algorithms process this interval data for each consumer to break it down into appliance level consumption (without hardware) and generate personalized insights. Therefore, we are able to analyse every meter and detect consumption pattern anomalies which are almost impossible to detect by conventional analytics.

If I focus back on the consumer, since our solution can “see” which appliances are being used, how much are they consuming and at what time they are used, we can help the consumers to track and optimize consumption in a more environmentally friendly, sustainable, and cost-effective manner.

What are the challenges you have faced in penetrating the India market?

While India is considered to be one of the major technology hubs, ironically, the acceptance of a new technology has been generally slow. In addition, with India being a very cost-sensitive market, along with a natural resistance to change, it was even more important for us to truly exhibit our capabilities to help the distribution companies as well as the consumer mitigate cost. Therefore, our data science team worked intensively with a few Indian distribution companies so that there is no ‘geographical’ bias in evaluating our solution.

Keeping all this in mind, and the fact that Bidgely provides data analytics through a ‘no-additional-hardware’ solution, I believe that we have developed a solution which will pay for itself through the benefits achieved. It’s almost like an investment with significant annuity returns!

On August 23rd, we announced our synergy with the Ministry of Power, Govt of India, in solving India’s massive power theft crisis. Bidgely has been selected in Powerthon by REC Ltd, in collaboration with SINE incubation lab of IIT Bombay as the only solution provider for energy theft detection in support of the national Revamped Distribution Sector Scheme (RDSS) to reduce losses across India up to 15 percent by 2025. We also collaborated with the World Bank to conduct theft detection analytics for a discom in central India. This is also going to be a massive step in contributing to our PM’s vision of ‘Atmanirbhar Bharat’.

What is the role of the India engineering center in creating your solutions, especially the latest theft detection offering?

I am very proud of the fact that our theft detection solution is truly a ‘Make-in-India’ initiative. Our Bangalore engineering center is the epicenter of all our global innovations for the electric utilities. This center houses around 200 people, with some of the brightest minds and specific electrical domain expertise. For the theft detection solution, we leverage consumption data as well and voltage and spike event data.

Our AI and ML competencies allow us to process big data, identify trends and unlock actionable insights. Together with unparalleled data security, privacy and compliance, the team in Bangalore is truly helping to drive a revolution in the Indian power sector, after having exhibited its expertise around the world.

Tags: Atmanirbhar BharatBidgelyGautam AggarwalMake in India
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