MUMBAI, India, Aug. 29 -- Intellectual Property India has published a patent application (202421014307 A) filed by Tata Consultancy Services Limited, Maharashtra, on Feb. 27, 2024, for 'method and system for optimizing power procurement for enterprises with electrical vehicle fleet charging load.'
Inventor(s) include Menon, Vishnu Padmakumar; Bichpuriya, Yogesh Kumar; Misra, Prasant Kumar; Sarangan, Venkatesh; Savari Rajan, Antony Jegan Fernando; and Raveendran, Rejitha.
The application for the patent was published on Aug. 29, under issue no. 35/2025.
According to the abstract released by the Intellectual Property India: "Accurate estimation of average procurement cost becomes increasingly pivotal to ensure optimal procurement of electricity for an enterprise owning EV fleets. Existing techniques available for joint optimization of EV routing and charging are not usable for enterprise with EV fleet charging loads as cost of electricity is assumed to be independent of the EV charging demand. Further, they require total demand to be known a priori. Present disclosure provides a method and a system for optimizing power procurement for enterprises with electric vehicle fleet charging load. The system first performs a route optimization by modelling set of routing constraints which are then used to obtain optimal EV routes. Thereafter, system performs a procurement cost optimization by modelling set of procurement constraints using the plurality of inputs and the optimal EV routes to obtain an allocation information of each external energy source which is then utilized to obtain final procurement cost."
Disclaimer: Curated by HT Syndication.
