Mr. Reji Pillai is the president of India Smart Grid. He talked about the Smart Grid initiatives planned by the Ministry of Power, Govt. of India. The objective of this project is to have access to quality power which is reliable in future at an affordable cost. A National Smart Grid Mission (NSGM) will be launched in order to effectively implement the goals conceived. Moreover, the Smart Grid will help faster restoration of the grid in case of faults or disturbances leading to less investment in voltage stabilizers, inverters and other standby arrangements.