The Indian Power generation sector is a mixture between Centre 25%, State Sector 26% & Private sector 49 %. Out of this Fossil Fuel based generation is 59%, Hydro based is 11%, renewable energy sources are used to generate 29%.

As power generation shifts from a centralized plant to distributed assets and microgrids with multidirectional power flows, power companies need to find a new way to operate. As industry 4.0 technology continues to advance, existing data can be harnessed to develop machine-learning solutions that deliver real value, optimize decision making, increase flexibility, and attract top talent.

Energy 4.0 encompasses imbibing next -gen technologies that will digitally transform the energy and utility industry. Oil, gas, and renewable energy companies are already adopting it. This shift parallels another transition known as Industry 4.0, which is the advent of intelligent manufacturing. Power and utility companies have been using digital technology since long , which has prepared them for today’s cloud-based Energy 4.0 technologies that incorporate IoT devices.

Our very interesting Executive Roundtable will gather Experts from the Power sector who will share best strategic insights on how IoT technology is rapidly gaining adoption among oil and gas companies because it modernizes operations through expanded data analysis. The session will bring out some insightful thoughts on technology is steadily being embraced by large manufacturers as well to streamline operations.