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Power Generation

The power industry plays a significant role in promoting the economy of any country, across the world. Power generation is one of the biggest industries in India. The Indian electricity sector has made remarkable progress in the last five decades in the field of generation, transmission, distribution and utilization of electricity. Today, several government entities, as well as private organizations, have taken up the task of power generation in India. However, the demand for electricity has always been more than supply. The projected power requirement, by the year 2012, is per capita consumption of 1000 units per annum. The capacity utilization and the hence improved efficiency are the key indicators to success in this industry.

 

Business Challenges

This industry faces the following challenges:
  • Visibility and close monitoring of plants across locations
  • High inventory-carrying costs across locations
  • Effective utilization of plant and machinery
  • Controlling cost over-runs of projects
  • Monitoring various real-time plant parameters from different generating stations
  • Improving operational performance
  • Fixed-asset management

RODE Benefits

Ramco OnDemand ERP offers the following benefits:
  • The solution provides options to conduct budgeting, both at plant and turbine level, with respect to the raw materials consumed and the electricity produced
  • Management reports give the comparison and variance between the budgeted values, for raw material and the electricity generation, on a day-to-day basis
  • Meter readings help to track the production of electricity, as well as the auxiliary consumption of electricity and raw materials, on a daily basis.
  • The solution reduces the need to maintain huge paper work
  • The solution provides the top management an insight into the actual situation of the company
  • Anytime availability of cost center-based reports gives the top management the confidence to analyze data anytime
  • The solution provides the management to control the inventory across the locations. This in turn enables the management to take corrective actions, because crucial information is available across locations, at all times

RODE Features

Ramco OnDemand ERP offers certain unique features:
  • Options to analyze the efficiency of multiple plants and engines across location
  • Options that enable capturing of the total turbine/engine run time and the break down time; this allows tracking the effective utilization of the plant and machinery, thereby helping in optimizing the output
  • The Fixed Asset Management Module in the solution provides Asset Register, which contains all the information required for managing the assets, and also gives automated depreciated value of the assets
  • Options that provide MIS inventory-based reports

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