BSES signs MoU for AI-based solutions to forecast load, power theft

BSES Limited has signed a memorandum of understanding (MoU) with Bidgely, a US-based company that provides artificial intelligence (AI)-powered solutions, for accelerating its transition towards a greener and digitalised future.

BSES Rajdhani Power Limited (BRPL) will collaborate with Bidgely for AI-based solutions in areas including detection of power theft, reduction of aggregate technical and commercial loss, short-term load forecasting based on historical data and weather, and improving energy efficiency through customised energy saving insights for consumers. Further, Bidgely will develop an AI and machine learning (ML) algorithm-based- forecasting system for load forecasting that can be available a day ahead. Additionally, AI and ML will be used to detect and quantify the electric vehicle load and rooftop solar generation.