Infosys co-founder and Aadhaar Creator, Nandan Nilan, believe that the energy sector in India will witness the next revolution, which is similar to the unified payment interface (UPI). Mr. Nilankan asked the crowd of entrepreneurs when he highlighted the large-scale implementation of solar panels for homes to become the public to become manufacturers, and energy consumers.
“We are used to buying and maintaining energy in small quantities when you go to the LPG cylinder, you are buying packaged energy.
“Every home will be an energy manufacturer because they have a roof solar. Each home will be an energy store because he can buy and sell energy.
Mr. Nickkani said that the decentralization of energy production and consumption could cause millions of micro-energy entrepreneurs who will have economic innovations and growth.
Energy is next UPI. Millions of small producers will take part in the digital energy network (DEG).
Complete video. https://t.co/bokoisixh pic.twitter.com/o2mbsquesq
– Nandan Nimisa (@NANDANILE) March 28 2025
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UPI’s success story
UPI, which has been launched for more than a decade ago, remains the cornerstone of India’s digital payment ecosystem, which contributes to 80% of retail fees in the country. Easy to use, combined with the growing network of participating banks and Fintech platforms, made only the preferred real-time payment routines for millions of users.
In January, UPI’s total transactions exceeded 16.99 billion, and the value exceeded 23.48 Rs Crore, indicating the highest number registered in any month.
UPI is currently living in more than 7 countries, including the main markets, such as UAE, Singapore, Bhutan, Nepal, France and Mauritius, allow Indians to make international payments.
