NEW DELHI. Union Minister for Power Shri Manohar Lal visited the REC Pavilion, where he was presented with a live demonstration of a peer-to-peer (P2P) decentralized energy transaction conducted under the India Energy Stack (IES), and also interacted with various Technology Service Providers (TSPs) showcasing AI-driven solutions for the power sector. Earlier, a demonstration of P2P energy trading was presented to the Hon’ble Prime Minister of India, Shri Narendra Modi, during his visit to the MeitY Pavilion, conducted by Shri Shashank Misra, Joint Secretary, Ministry of Power, and Shri Prince Dhawan, Executive Director, REC Limited, along with one of the first beneficiaries of the pilot.
The India Energy Stack is an interoperable digital framework built on open standards and protocols to enable secure, low-cost data and service exchange across the power sector, similar to the transformative impact of UPI on India’s digital payments ecosystem. REC Limited serves as the nodal agency for IES on behalf of the Ministry of Power, with FSR Global as the knowledge partner and support from the India Smart Grid Forum (ISGF) in advancing smart grid innovation and technical inputs for scaling digital energy solutions nationwide, while Networks for Humanity (NFH) is contributing to the development of a trust-based digital transaction framework to ensure secure, verifiable, and scalable peer-to-peer energy networks.
