REC Showcases First Live Peer-to-Peer Energy Trading Pilot at India AI Impact Summit 2026
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, showcased the first live demonstration of India’s Peer-to-Peer (P2P) energy trading pilot programme under the India Energy Stack (IES) at the India AI Impact Summit 2026, held at Bharat Mandapam. The demonstration was presented during a strategic session titled “India Energy Stack (IES) and the AI-Ready Power Sector: Trust, Interoperability, and Scale,” marking a significant milestone in India’s journey towards a decentralised, consumer-centric digital power ecosystem.
The centrepiece of the session was a first-of-its-kind live P2P decentralised energy transaction executed under the IES framework. In a powerful illustration of technology meeting grassroots empowerment, Arun Singh, a farmer from Meerut in Uttar Pradesh, used a secure, blockchain-enabled platform to sell surplus solar power directly to Lakshmi, a garment shop owner in Delhi. Arun sold six units of solar-generated electricity and earned Rs. 30 through the transaction. While modest in value, the exchange symbolised a transformative shift in the architecture of India’s power markets—where citizens can emerge as active ‘energy agents’ rather than passive consumers.
The demonstration offered the most visible and tangible application of the India Energy Stack to date. Designed as a Digital Public Infrastructure (DPI) for the power sector, IES provides interoperable digital rails—open standards, protocols, and consent-based data exchange mechanisms—that enable secure, low-cost and trusted energy transactions. Much like UPI reshaped digital payments, IES seeks to create a unified and scalable digital backbone for electricity markets across India.
The pilot enables prosumers—households, farmers, and businesses that generate renewable energy—to directly trade surplus power with other consumers using trusted digital protocols. By facilitating transparent price discovery, secure authentication, and verifiable settlement, the platform lays the groundwork for a more participative and decentralised electricity ecosystem. Such a model not only improves renewable energy utilisation but also strengthens grid resilience and promotes distributed energy resources.
The live session was attended by eminent dignitaries and sector leaders, including Dr. Ram Sewak Sharma, Chair, India Energy Stack; Shri Jitendra Srivastava, Chairman and 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; and Smt. Swetha Ravi Kumar, Executive Director, FSR Global. Their presence underscored the collaborative, multi-stakeholder approach driving the initiative.
Demo Presented to Hon’ble Power Minister
On 18 February 2026, the Union Minister for Power, Manohar Lal Khattar, visited the REC Pavilion at Bharat Mandapam, where he was presented with a live demonstration of the decentralised P2P energy transaction conducted under the IES framework. During his visit, he also interacted with various Technology Service Providers (TSPs) showcasing AI-based solutions for grid management, predictive maintenance, demand forecasting, and energy optimisation. The Minister’s engagement highlighted the government’s emphasis on leveraging Artificial Intelligence and digital public infrastructure to modernise the power sector.
Demo Presented to Hon’ble Prime Minister
Earlier, on 16 February 2026, a demonstration of peer-to-peer energy trading was presented to the Hon’ble Prime Minister of India, Narendra Modi, during his visit to the MeitY Pavilion at the summit. The demonstration was conducted by Shri Shashank Misra, Joint Secretary, Ministry of Power, and Shri Prince Dhawan, Executive Director, REC Limited, along with one of the early beneficiaries of the P2P energy trading pilot. The presentation showcased how digital innovation, renewable energy, and citizen empowerment can converge to create inclusive economic opportunities while accelerating India’s clean energy transition.
About India Energy Stack
The India Energy Stack is envisioned as an interoperable digital framework built on open standards and secure protocols to enable seamless data and service exchange across the power value chain. By embedding principles of trust, consent, and interoperability, IES aims to unlock innovation, reduce transaction costs, and support scalable digital solutions for distribution companies, consumers, regulators, and energy service providers.
REC Limited serves as the nodal agency for implementing the India Energy Stack on behalf of the Ministry of Power. FSR Global acts as the knowledge partner for the initiative, while the India Smart Grid Forum (ISGF) has contributed technical expertise in advancing smart grid innovation and scaling digital energy solutions nationwide. Additionally, Networks for Humanity (NFH) is supporting the development of a trust-based digital transaction framework to ensure secure, verifiable, and scalable peer-to-peer energy networks.
The successful live demonstration at the India AI Impact Summit 2026 signals a new chapter in India’s power sector reforms—where decentralisation, digital infrastructure, and renewable energy converge to empower citizens and redefine energy markets. By enabling direct energy transactions between individuals across geographies, the India Energy Stack reflects a bold step toward building an AI-ready, transparent, and resilient power ecosystem aligned with India’s vision of sustainable growth and technological leadership.