New Delhi: REC Limited made headlines at the India AI Impact Summit 2026 held at Bharat Mandapam by presenting the first-ever live demonstration of India’s Peer-to-Peer (P2P) energy trading pilot under the India Energy Stack (IES). This landmark event, conducted during the strategic session titled “India Energy Stack (IES) and the AI‑Ready Power Sector: Trust, Interoperability, and Scale,” showcased a significant step toward a decentralized, consumer-centric digital power ecosystem in India.
The session highlighted a pioneering live P2P decentralized energy transaction under the India Energy Stack framework, enabling real-world demonstration of citizens as active ‘energy agents.’
The First P2P Transaction: Farmer to Shop Owner
The pilot showcased Arun Singh, a farmer from Meerut (Uttar Pradesh), selling 6 units of his surplus solar-generated electricity to Lakshmi, a garment shop owner in Delhi. Using a secure, blockchain-enabled platform, Arun earned Rs. 30 from this historic transaction.
This demonstration not only illustrated the functionality of the India Energy Stack but also emphasized the potential for prosumers—households, businesses, and farmers generating renewable energy—to trade surplus power directly with consumers. The initiative promises a participative, decentralized power market, underpinned by trusted digital protocols.
Dignitaries Witness the Milestone
The live demo was attended by several high-profile dignitaries:
- Dr. Ram Sewak Sharma, Chair, India Energy Stack
- Shri Jitendra Srivastava, Chairman & Managing Director, REC Limited
- Shri Ashish Kumar Goel, Chairman, UPPCL
- Shri Alok Kumar, Director General, AIDA
- Shri Reji Pillai, President, ISGF
- Shri Shashank Misra, Joint Secretary, Ministry of Power
- Shri Prince Dhawan, Executive Director, REC
- Smt. Swetha Ravi Kumar, Executive Director, FSR Global
Their presence underscored the strategic importance of integrating digital and AI technologies into India’s power sector.
Demonstration Presented to Power Minister
On 18 February 2026, Union Minister for Power, Manohar Lal, visited the REC pavilion and witnessed the live P2P energy transaction. He also engaged with multiple Technology Service Providers (TSPs), who showcased innovative AI solutions for the power sector, highlighting India’s commitment to smart and AI-driven energy management.
Demonstration Presented to Prime Minister
Earlier, on 16 February 2026, a P2P energy trading demonstration was presented to Narendra Modi at the MeitY Pavilion. This session, conducted by Shri Shashank Misra and Shri Prince Dhawan along with a pilot beneficiary, offered the Prime Minister an early glimpse of how decentralized energy trading can empower citizens while optimizing energy use across India.
Understanding the India Energy Stack
The India Energy Stack (IES) is a digital framework of interoperable open standards and protocols, designed to facilitate secure, low-cost data and service exchange across the power sector. Modeled after the transformative impact of UPI in India’s payments ecosystem, IES aims to modernize the electricity sector by enabling transparency, trust, and scale.
REC Limited acts as the nodal agency for IES under the Ministry of Power. Key partners supporting the initiative include:
- FSR Global – Knowledge partner for framework development
- India Smart Grid Forum (ISGF) – Technical guidance and smart grid innovation support
- Networks for Humanity (NFH) – Development of secure, trust-based digital transaction protocols for P2P energy trading
This collaborative approach ensures that India’s energy market becomes more inclusive, secure, and participatory, enabling citizens to play a direct role in energy generation, trading, and management.
A Step Towards a Decentralized Energy Future
The live demonstration at the India AI Impact Summit 2026 represents a milestone in India’s transition to a digital, decentralized, and citizen-empowered power ecosystem. By allowing prosumers to sell excess renewable energy directly to consumers, India sets the stage for a scalable and resilient decentralized energy market, promising both economic and environmental benefits.
