Expenditure on installation of grid-scale,
battery-based energy storage system in
Rohini, New Delhi, by TPDDL
Expenditure on Advance metering
infrastructure and installation of
smart meters in Radio Frequency
(Mesh) network, by TPDDL
Formed in June 2018,
Solar Rooftop Services, Electric Vehicle
infrastructure, Home Automation and
Microgrids, SMART meters and battery
based energy storage.
1. Collaborative efforts in TPDDL
2. Setting up the Central Control Room
for Renewable Assets (CCRA)
Material Topics Addressed
Key Risks Considered
Stakeholder Recommendations Addressed
Scale-up Renewables, Distribution, Services and Energy Solutions businesses
Building a customer-centric organisation
Leverage digital technology to establish new business model and enhance existing business delivery
IMPACT ON OTHER CAPITALS
Our performance in Intellectual Capital has significant influence across all other capitals. This has further been elaborated in this chapter.
Social & Relationship Capital
Tata Power’s journey of Innovation
At Tata Power, we are guided by our four pillars of innovation. This enables us to develop projects around our core technological requirements and accordingly evolve a required timeframe. We follow a multi-step process for ideation, innovation and implementation.
Our approach to innovative transformation
Our innovation is not solely driven by the management, rather our employees form the foundation of our innovation culture. To build capability on innovation, the first innovation council was formed in June 2018. The members of this council were selected from the brightest of our employees, with a focus on diversity and inclusivity. The 40-member council was subdivided into six teams to push innovative ideas with a strong yet practical outlook towards implementation.
Our Innovation Councils
The councils have an established objective to meet challenges, improve performance and create an environment of innovation in the organisation. They also give the necessary impetus for follow-through of ideas, culminating in the implementation of shortlisted projects. We also build a baseline of ideas received through various competitions and forums such as Shikhar, ACE, Idea Crucible, Ideation Hackathon and Cleantech. This process involves evaluation and selection of shortlisted ideas for current business priorities. The final investment decisions are made based on Board approval.
Our Innovation Hub
In addition to our innovation councils, we have a single database for the Tata Ideas Platform that integrates the entire employee database for a seamless sign-in process. The introduction of the Innovation Hub provides a go-to site for innovation at Tata Power.
Tata Innovation Management System (IMS) provides a platform for posting and tracking ‘blue sky’ ideas and addressing business challenges. This includes Tata Innovista to recognise breakthrough and step-change innovations. Other features are blogs, conversations via @Yammer page, news and updates, repository of intellectual property documents, quick links to the ‘Innovation Council sub-site’ and ‘Tata IMS platform’, and a photo and video gallery.
The benefits of having an integrated employee base results into an augmented amount of ideas on these platforms, complemented with diversity and ‘out of the box’ thinking.
Our domains for core innovation
Our R&D expenditure is dedicated towards improving energy efficiency, renewable energy technologies, distributed energy, transmission and distribution technologies, advanced generation technologies and innovative sustainability-related services. Investments towards smart grid technologies such as smart meters, sensors, Internet of Things (IoT) in transmission and distribution aim to make the network more intelligent and efficient.
1. Building on Renewable Energy Technologies
2. Distributed Energy
3. Transmission and distribution technologies
4. Driving Energy Efficiency
5. Innovative sustainability related services
6. Technology absorption, adaptation and innovation
7. Knowledge Based Platforms
8. Advanced generation and technologies
Our collaborative projects in innovation and CCRA
The Central Control Room for Renewable Assets (CCRA) is currently deployed for 1.2 GW of renewable assets. The CCRA aims to augment upcoming and work-in-progress renewable assets. The monitoring and analysis of production level KPIs involve data acquisition, visualisation and a wide range of analytics. Supplementary to a data repository for renewables, the CCRA also helps improve operational efficiency and reduces downtime.
In order to cater to futuristic and emerging customer requirements, TPDDL has partnered with technology providers, research institutes and funding agencies to build a diverse knowledge base of new products, services and solutions. Collaborations have taken place under specified categories:
Global Funding Agencies
At TPDDL, we conduct pilots for establishing Proof of Concept (PoC) and validating the business case for all identified opportunities. The pilots that present a business case are routed through a regulatory approval process and scaled up after obtaining concurrence.
Our other Digital Initiatives are described in Management Discussion and Analysis (MD&A)