An ‘energy’ self-reliant smart city?

We want to create a smart city where every business, building or utility are self-reliant and do not waste electricity.
Chintan Soni, Co-Founder & CEO, Ecolibrium Energy Pvt Ltd
Energy balancePower surplus is a grand vision but Chintan Soni, Co-Founder and Chief Executive Officer, Ecolibrium Energy Pvt Ltd is uncertain on the practice of judicious use of power and energy balance. Having a sceptical view on the power surplus of the country Soni says, “It’s a great vision, government is taking a lot of steps towards it but there is a gap. 21 per cent of energy loss is registered every year in India. Major consumers of India’s entire power production are industries which suffer from inefficiencies due to low maintenance of assets, disorganised production, electricity theft etc. So even if we produce the surplus power, are we consuming it judiciously and completely, is a big question. The term energy balance (able to consume what we produce or buy without any loss) as mentioned in the last financial budget looks more promising for overall energy sector.”

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