In a significant development, Larsen & Toubro Infotech (LTI), one of the frontline digital transformation solutions providers, has successfully deployed end-to-end power portfolio management solution with Madhya Pradesh Power Management Company Limited (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.
“The possibilities of exponential technologies are immense and promise to transform the energy and utility sector. Larsen & Toubro Infotech is committed to leveraging global best practices, deep industry expertise, and its Mosaic platform to accelerate digital transformation at MPPMCL”, said Sudhir Chaturvedi, President & Executive Director, LTI.
Sanjay Shukla, MD, MPPMCL, said, “At MPPMCL, we strive to be ahead of the curve by adopting new-age technologies. This initiative will maximize efficient power portfolio management through a technology-led decision support system. We chose LTI for this strategic engagement because of it’s global experience, with digital transformation initiatives in the utility sector.”
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.