Abstract

In this paper, the current power scenario of India is elaborately described and the prospect, potential of energy for the developing countries is analyzed. The concept of Smart Grid (SG) and its necessity for the modern power systems are demonstrated. The effect of SG on social, economical and power sector is explained. The main problems to the implementation of SG in India and their remedies are discussed. The recent initiatives already taken by the Government of India (GoI) are sequentially described. Considering social, economical, political and environmental circumstances, steps to implement SG in India is evidently suggested.

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