Summary
Uttar Pradesh is set to become the first state in India to launch blockchain-enabled solar power trading.
Two state-owned entities – Uttar Pradesh Power Corporation (UPPCL) and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) – will host the first pilot project involving energy generated from solar rooftop projects installed on state government buildings.
The pilot project is being implemented by Australian company PowerLedger in partnership with India Smart Grid Forum (ISGF), a public private partnership initiative of the power ministry.
Phase-I of the pilot project will focus on a few go......