Discom partners with Oz firm for solar trading

In order to launch consumer-to-consumer solar power trading on a trial basis, BSES Rajdhani Power Limited (BRPL) has entered into an agreement with Australia’s Power Ledger, a global leader in block-chain technology.

With this, BRPL has become the first discom in the country to use Power Ledger’s block chain based platform for peer-to-peer (P2P) solar trading. “Consumers with rooftop solar infrastructure can sell their excess solar energy to their neighbours even if they don’t have rooftop solar, using energy trading platform. Thus, even consumers who don’t have roof-top solar will benefit by purchasing cheaper and cleaner electricity, compared to the slab-rate of the discom, which as consumer would otherwise have to pay,” the official said.