Capgemini India has launched Calorie, a global hub for innovations in energy, utilities and chemicals (EUC). The new lab will be located in Navi Mumbai.

Demand for energy in India will double in the next five-six years. There is about 40 percent technical and distribution (T&D) energy loss in most across India as compared to 10-15 percent in most European countries. As many as 30 percent customers are not billed accurately.

Calorie will address energy demand management through services including ‘Smart Meters’. The service ensures two way communications between the consumer and the power supplier. It also enables billing accuracy and meter tempering alerts and instant meter reading etc.

For consumers, it will be easier to switch between suppliers.

“Smart meters are one of the ways in managing energy better instead of investing in new generation minds,” said Perry D Stoneman, vice president and global leader, Capgemini Smart Energy Services.
Capgemini plans to launch 20 hubs of innovation across industry verticals and solution areas in India by December 2010.

Capgemini, a  worldwide consulting, technology and outsourcing group with 95,000 people, reported revenues of EUR 8.4 billion in 2009. It employs more than 12,000 professionals globally in the energy, utilities and chemicals business and generated revenues of 1.13 billion to the group. In India, it will be partnering in facilitating smart meter installations for their clients in India.