IBM Signs Deal with BEE for Smart Grid Project

IT major IBM is in collaboration with The Bureau of Energy Efficiency (BEE) in India to create the country's first smart grid project. Together they will create a cost benefit analysis for smart grid activities as part of the National Mission for Enhanced Energy Efficiency (NMEEE).

A BEE project, NMEEE, is one of eight national missions that promote innovative policy and regulatory regimes, financing mechanisms and business models that help sustain the market for energy efficiency, a company release said here.

Through this project, IBM plans to apply its services expertise to help determine smart grid readiness in India.

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