Reliance Infrastructure & Innovari Expansion Plans

              Reliance Infrastructure & Innovari Expansion Plans

Expansion planning comes after successful deployment of Interactive Energy
Solution™ in Mumbai

PR Newswire

AUSTIN, Texas, June 17, 2014

AUSTIN, Texas, June 17, 2014 /PRNewswire/ --Interactive energy platform
developer Innovari announced today that it has completed deployment of its
pilot project in India with Reliance Infrastructure Limited (RInfra) in
Mumbai. Innovari is planning with RInfra for an expansion project between
100MW-150MW. RInfra is India's largest private sector power utility serving 9
million consumers.

The planning follows the success of an ongoing Innovari pilot project in
Mumbai that was funded by a U.S. Trade Development Agency grant. Founded in
2011, the Austin-based company has built its interactive energy platform to
allow utilities and their customers to work together to improve how the world
uses energy. With Innovari, RInfra customers have partnered with the utility
to support automated demand side management programs that increase system
reliability and improve overall system utilization.

Innovari CEO Chris Hickman remarked, "We're excited about our success to date
with Reliance and that our interactive energy platform has provided them the
capacity to change the way they serve customers for the better, while
delivering generation-quality, dispatchable capacity to system operators at
the touch of a button. Capacity that is verifiable in real time to the
operator so it can become a truly trusted part of their utility operations."

Innovari's patented technology includes utility-owned Innovari Energy Agent™
devices installed at customer sites. Innovari connects HVAC, lighting systems,
large loads, distributed energy resources and energy storage technologies with
utility systems to deliver two-way verifiable control within parameters
voluntarily established by end-customers. The utility enjoys the benefits of
unprecedented load curve agility, while the end-customers gain the benefits of
real-time visibility and control into their energy usage and lower energy
costs. Innovari's programs benefit all stakeholders by helping utilities
improve overall system utilization and reliability.

R. R. Mehta, CEO, Reliance Infrastructure said, "We are pleased with the
ongoing deployment of Innovari's Interactive Energy Solution™ to our consumers
inMumbai who can now better manage their energy use and reduce waste at
premises, while supporting our country's need to more effectively manage
energy demand and improve overall system utilization and reliability for all
customers. With this program, our commercial and industrial customers will
become our partners in creating a truly optimized power grid for all customers
while realizing significant savings and improved electrical performance."

About Reliance Infrastructure Limited:
Reliance Infrastructure, Ltd, a part of Reliance Group, is India's leading
utility company having presence across the value chain of power business
including generation, transmission, distribution, EPC and trading. Reliance
Infrastructure is the largest infrastructure company developing projects in
all high growth areas in the infrastructure sector including roads, highways,
metro rails, airports and specialty real estate. For more information visit:
www.rinfra.com.

About Innovari:
Innovari's interactive energy platform connects utilities, their customers,
and their communities to improve how the world uses energy. Our solution
attacks the electric grid's core problem—the load duration curve—unlocking
access to affordable capacity that improves system utilization, reliability,
and financial performance, while our non-profit, Plugged into Kids, brings
together utilities and their customers to help the children in their
communities. With deep grid situational awareness, we enable dynamic, two-way
verifiable demand side management; grid system optimization; renewable and
distributed energy resources integration; and more. Innovari is the utility
industry's Capacity for Change: www.Innovari.com.

SOURCE Innovari

Website: http://www.innovari.com
Contact: Carrie Owens, carrie@themcdonnellgroup.com, 404.583.0003
 
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