AI to the Rescue: Powering Viksit Bharat by Transforming India's Troubled Discoms

• India's Discoms face ₹6.92 lakh crore accumulated losses, hindering the Viksit Bharat 2047 vision for a robust power system.
• Persistent gaps between cost and revenue, high AT&C losses, and delayed tariff revisions trap Discoms in a cycle of financial distress.
• AI/ML can revolutionize loss reduction through smart metering analytics, targeting theft and technical faults effectively.
• Machine Learning models can enhance billing and collection by segmenting consumers based on payment behavior for differentiated strategies.
• AI/ML improves load forecasting and power procurement, optimizing market purchases and reducing costs, alongside predictive maintenance for grid reliability.

Why It Matters: AI/ML offers a critical pathway to transform India's financially troubled Discoms, enabling a robust power sector for Viksit Bharat.