Sterlite Power inks pact with US-based Smart Wires to bring SmartValve to Indian utilities
Sterlite Power on Wednesday said it has inked an exclusive agreement with the US-based Smart Wires to bring SmartValve to Indian market which will enable resourceful grid management. This cutting-edge technology is an intelligent 'valve' that will allow utilities to optimally utilise its existing transmission capacity and enhance grid flexibility, a company statement said.
Commenting on the technology agreement, Sterlite Power Managing Director Pratik Agarwal said, "An environmentally sustainable electricity system is the anchor for a modern society. We are growing at an incredible pace and need to look for innovative solutions for rising grid outages due to climate change, lack of land to build new lines and integration of renewable energy."
Read More: The Economic Times