Larsen & Toubro Infotech (LTI) Ltd. has incorporated an end-to-end Power Portfolio Management Solution for the Indian power utility firm – Madhya Pradesh Power Management Company Limited (MPPMCL). The solution will consist of automated business modules and robust analytical capabilities. It is said that this will facilitate decision-making on the sale and purchase of power. Also, it will ensure shorter turnaround cycle on capturing deal information and processing invoices.
The initiative aims to maximize power portfolio management through a technology-led decision support system. LTI feels this will transform the energy and utility sector. For achieving the goal, LTI will use global practices, industry expertise, and its Mosaic platform to accelerate digital transformation at MPPMCL. LTI’s Mosaic platform features services such as data engineering, advanced analytics, process automation and IoT connectivity for its users. The platform will assist organizations in taking business decisions. Moreover, it will deliver analytic solutions at the intersection of physical and digital worlds.
Consisting of next-generation technologies, LTI’s Power Portfolio Management Solution will assist in demand forecasting, tender creation, e-bidding and invoicing. This will address functions such as human resources, finance, projects, procurement and administration.
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