Power Cost Optimization under PSR Programme

An intelligent and accurate forecasting system to reduce DISCOMs operational cost which will help to reduce the power purchase.

The web application solution integrates with the statistical tools that could handle the environment variables & will cover forecasting for demand, price and schedule. The entire project is based on the intelligent modelling techniques for regression and classification. Such models are applied on data collected from national and regional power supply companies. The accuracy of demand forecasting depends not only on the demand forecasting techniques, but also on the accuracy of forecasted weather scenarios and historical data quality.