Our vision of bringing life-changing services and solutions such as high-speed broadband and Smart Grid capabilities to the fast growing Indian market, electrical utilities, and urban and rural underserved populations in India, will be achieved as a result of our strategic alliance,” said Chandrashekhar Ogale, director of Taurus Infoworld.
In the past year, GRID2020 has secured licensing agreements to use IBEC Global’s Broadband over Power Lines (BPL) technology and platform.
Two companies represent a leading-edge team that possesses vision, flexibility, quickness, and efficiency to successfully deliver a viable Smart Grid solution in the Indian marketplace. Clearly, the fine people of India realize the tremendous value in embracing technologies that will advance their society in many ways,” said Alan Snook, President of GRID2020.
Using GRID2020’s solutions and technology, utilities will have a two-way, real-time Smart Grid communications network that will improve their internal energy system efficiencies, identify pilferage, reduce operating and capital costs, and remotely monitor, control, and capture real-time data on energy usage.
With this BPL communications technology in place, utilities and communities will then have the ability to provide high-speed Internet services.
The newly formalized strategic alliance will assist utilities and communities across India and yield an advancement of communications services to heighten the quality of life for citizens, and maximize the efficiencies of utilities by using the same FCC-approved BPL technology that has been successfully deployed in rural America (25,000 line miles) through $60 million in U.S. Government loans.
Both companies have invested tremendous energies and resources into properly understanding the needs of this market space, and they are now poised to commence with proofs of concept and commercial deployments which will solve customer’s needs.
They will add to India’s progress, and attract positive national attention in pursuit of nationwide rural deployment to serve the underserved, and empower the farmers and rural populace which constitutes 70 percent of the Indian population by bringing the Information Highway to their doorstep.
Recently, GRID2020 has completed a contract purchase and licensing agreement with IBEC Global, resulting in a new, independent smart grid technology focused on real-time solutions.
By Telecomlead.com Team
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