January 10, 2019 (MLN): Electrocure, a system developed by Center of Intelligent System and Network Research (CISNR) and financed by Ignite National Technology Fund under Ministry of IT and Telecommunication is expected to reduce electricity losses up to 90%, Dr. Gul Muhammad, Director (CISNR) said, revealed a press release.
According to the press release, Federal Minister for Information Technology and Telecommunication Dr. Khalid Maqbool Siddiqui while addressing a seminar titled “Electrocure: Innovative solutions for losses reduction” on Wednesday has said that the government will support every idea that will bring positive change in life of common man and improve country's economy.
Electrocure reduces electricity losses through theft detection, load balancing and identifying other administrative /technical losses reduction procedures within electricity infrastructure using Artificial Intelligence (AI) and Internet of Things (IOT), says the report
Federal Minister Khalid Maqbool Siddiqui said that innovation is the prime determinant of technology knowledge-based economy that can bring maximum dividends in various areas.
He said that government is continuously boosting startup based ideas to promote entrepreneurship and business mindset.
Moreover, the Federal Minister said that we are trying to encourage more innovative products like Electrocure that has potential to bring our electricity woes to an end.
