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Home News Power Sector News Rs.85 crore GSEB RAPDRP project won by Spanco

Rs.85 crore GSEB RAPDRP project won by Spanco

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SpancoSpanco Ltd. has won the IT modernization project of the Goa State Electricity Board (GSEB)beating HCL, Reliance, Wipro, L&T Infotech, TCS and some others. This is Spanco's Fourth consecutive win in this space. It has already bagged the states of Punjab, Maharashtra and Bihar. This win further consolidates Spanco's position as one of the market leaders in the IT modernization projects within the State Electricity Boards under the RAPDRP program.

RAPDRP is an initiative driven by the center with collaboration with the state with a clear focus to bring in actual, demonstrable performance in terms of sustained energy loss reduction.

Key Objectives of RAPDRP Program:

The program spans from data acquisition at distribution level till monitoring of results of steps taken to provide an IT backbone and strengthening of the Electricity Distribution system across the Country under the program.

The objective of the program is reduction of AT&C losses to 15% in project areas. In lieu of attaining the objective, the program is divided into 2 parts Part-A and Part-B. Part-A will include projects for establishment of baseline data and IT applications like Meter Data Acquisition, Meter Reading, Billing, Collections, GIS, MIS, Energy Audit, New Connection, Disconnection, Customer Care Services, Web self service, etc. to get verified baseline AT&C losses.
Part-B will include distribution strengthening projects.

The current win comes under Part A of the program and will have the above mentioned scope. Spanco will supply, install and commission one integrated solution within the broad framework provided in the SRS (System Requirement Specification) document. SRS Committee under the guidance of Ministry of Power has finalized a detailed SRS document which covers all the components of the project including hardware, software, networking; GIS among others which
shall help the utilities improve their performance.

The size of the program is to the tune of 50,000 crores. The program consists of Part-A (to the tune of around Rs.10,000 Crore) covering Information Technology application in the electricity distribution system and Part B (to the tune of around Rs.40,000 Crore) covering the System strengthening, Improvement and augmentation of distribution system capacity.

Both parts entail planning of measures to be taken under the program, implementation of such measures to be taken and monitoring / evaluation of results / impact of the program as a whole and of its various components across the Country.

This project will work towards establishing reliable and automated systems for sustained collection of accurate base line data, and the adoption of Information Technology in the areas of metering, billing, energy accounting and customer care to provide the right information and experience to customers. This modernization of the IT systems will also help curb revenue leakages and ensure increase in overall revenues and thus contribution to the exchequer.

Power Finance Corporation Limited (PFCL) has been designated by GoI as the Nodal Agency for the program. Speaking at this occasion, Kapil Puri, CMD, Spanco Ltd. stated "We have set ourselves the target of becoming the best in the Power sector Technology Infrastructure space. This win further consolidates our market position and we expect to deliver to the State's expectations. Our cross State expertise will further help improving overall integration
efforts"

The size of the current order is about 85 crores and further strengthens the RAPDRP related order book taking it to more than 650 crores.

 

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