APED to introduce IoT for MSMEs in AndhraVijayawada, May 19 (KNN) In order to improve the performance of Micro Small and Medium Enterprises (MSMEs) post lockdown, the Andhra Pradesh Energy Department (APED) has decided to take the help of technologies.
The energy department is contemplating the introduction of Internet of Things (IoT) to enabled power factor control devices in MSME units here.
The IoT based device will improve the performance of MSME unit by reducing energy consumption that will make such units both profitable and sustainable.
The State Energy Conservation Mission (APSECM), recently entered a Memorandum of Understanding (MoU) with Union Ministry of Commerce and Industry led National Productivity Council (NPC) to introduce the novel low-cost IoT based devices in MSME units.
Reportedly, the NPC along with Indian Institute of Technology (IIT), Hyderabad, has recently developed and demonstrated the IoT based device to improve performance of MSME Unit by bringing energy efficiency through IoT. The device supports real-time monitoring of various electrical parameters and communicates the information to cloud.
The devices were deployed in two MSME units near Rajahmundry under pilot project.