CosmicTaco
Working on a different architecture for electricity transactions, says Nandan Nilekani
- Nandan Nilekani, co-founder of Infosys, announced a new architecture for electricity transactions focused on renewable energy sources.
- Speaking at a Bengaluru event, Nilekani emphasized a shift from traditional power distribution to a decentralized model involving household batteries and rooftop solar panels.
- He envisions homes buying power during the day when it's cheaper and selling it at night when prices are higher.
- Nilekani is also supporting the open-source Beckn protocol, which aids in developing decentralized digital networks.
- Additionally, he highlighted the potential of AI to address India's linguistic diversity, mentioning the AI startup Sarvam AI's advancements.
Source: Moneycontrol
4mo ago
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