Larsen & Toubro Infotech Ltd., a global technology
consulting and digital solutions company today announced successful deployment
of end-to-end Power Portfolio Management Solution for the Indian power utility
firm - Madhya Pradesh Power Management Company Limited (MPPMCL).
Integrated with automated business modules and robust analytical
capabilities, this comprehensive Power Portfolio Management solution enables
faster and accurate decision-making on the sale and purchase of power. It also
ensures shorter turnaround cycle on capturing deal information and processing
invoices.
Speaking about the solution, Sanjay Shukla, MD, MPPMCL said,
“At MPPMCL, we strive to be ahead of the curve by adopting new-age
technologies. This initiative will maximise efficient power portfolio
management through a technology-led decision support system. We chose LTI for
this stratetic engagement because of it’s global experience with digital
transformation initiatives in the utility sector.”
Sudhir Chaturvedi, President and Executive Director, LTI commented,
“The possibilities of exponential technologies are immense and promise to
transform the energy and utility sector. LTI is committed to leverage global
best practices, deep industry expertise, and its Mosaic platform to accelerate
digital transformation at MPPMCL.”
Embedded with next-generation technologies, LTI’s Power
Portfolio Management Solution enables demand forecasting, tender creation,
e-bidding and invoicing for various functions such as Human Resources, Finance,
Projects, Procurement and Administration.
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