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Analytics Case Study Series: 3. Power

June 9, 2016

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Benefits:

  • Unbilled consumption identified by following the ‘meter-to-cash’ trail can generate incremental revenue.
  • Detection of theft and fraud in the grid can reveal lost revenue.
  • Proactive maintenance of expensive transformers and other such heavy equipments in the grid can save millions of dollars by postponing replacement to the future.

The Case Details:

Organisation: L&T Technology Services

Client: A State Electricity Board in India

Vertical: Power & Utilities

Geography: India

Category: Predictive

The Situation:

  • Need for accurate models for forecasting power demand
  • Huge gaps in load requirement vs the installed power generation capacity

The Solution:

  • Parametric modeling based demand prediction by integrating various datasets
  • Real time monitoring of key parameters through customised dashboards to aid planning/decision making

The Result:

  • Flexible and efficient planning and policy making for different customer types
  • Evaluation of power requirement for particular events /seasons for efficient planning
  • Reduced load shedding instances leading to increase in customer satisfaction


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