India to launch electricity data-sharing framework to help startups build AI tools – CNBC TV18

India will soon launch a national framework for sharing electricity data to help utilities and startups develop artificial intelligence (AI) tools and applications, Power Secretary Pankaj Agarwal said.

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The framework has been finalised after consultations with stakeholders, Agarwal said, adding that the National Data Governance Committee will be headed by the chairman of the Central Electricity Authority (CEA).

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The framework will guide power utilities on how to share data and structure datasets, while allowing startups to use the information to develop AI applications. Agarwal said cybersecurity would be a key priority alongside AI adoption, with indigenously developed models retaining control over their code.

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The Power Secretary also said 14 initiatives had been launched to support startups under the Revamped Distribution Sector Scheme (RDSS). The application window remains open until March 31.

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India seeks fair access for Indian firms under EU carbon rules

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India and the European Union (EU) are looking to deepen cooperation on carbon markets and the methodologies used under the EU's Carbon Border Adjustment Mechanism (CBAM), which imposes carbon-related costs on certain imports.

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Agarwal said the EU had clarified that Indian verifiers and auditors would also have opportunities to register under the mechanism. India has pushed for the…

Original source: https://www.cnbctv18.com/technology/

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