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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

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4mo ago
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