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India to spend $21.6 billion on smart grids

Smart Cities
February 1, 2015February 1, 2015
India to spend $21.6 billion on smart grids
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India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability. Theft costs the Indian power sector $16.2 billion per year. The government has already committed billions of dollars in funding for smart grid infrastructure and cumulative spending is forecasted at $21.6 billion over the period 2015-2025, according to a new study published by Northeast Group, LLC.

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