New Delhi – September 29, 2017 – Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services, and Power Ledger, a blockchain-based peer-to-peer electricity trading platform provider have announced a series of technology trials that aim at bringing the benefits of energy microgrid developments to India's booming urban population, through Microgrid-as-a-Service. Incubated by Tech Mahindra, Microgrid-as-a-Service or MaaS is an integrated platform which helps in creating a disruptive model in the electricity market by enabling building owners, campuses, smart cities and communities to produce and manage their own electricity affordably and even trade in case of excess generation.
The trial will initially involve Power Ledger using consumer data from Tech Mahindra's sites to prove the accuracy and security of the former's trading platform. This will also help Tech Mahindra to explore the value proposition for consumers and understand the regulatory and technical implications of the peer-to-peer trading model.The trial will begin in late 2017 at Tech Mahindra's campuses in India and run for a period of twelve months.