Spanco Ltd. has won the IT modernization project of the Punjab State Electricity Board. This project is under the larger Restructured Accelerated Power Development Reforms Program(R-APDRP). 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.

Mumbai, Maharashtra, India, April 12, 2010 / IndiaPRLine / — Spanco Ltd. has won the IT modernization project of the Punjab State Electricity Board (PSEB) beating Infosys, Reliance, HCL Infosys & Technologies, L&T and some others. This project is under the larger Restructured Accelerated Power Development Reforms Program(R-APDRP). 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, Mr. Kapil Puri, CMD, Spanco Ltd., stated “Our first win in this space, we are excited at the opportunity and will deliver successfully. In the last decade we have played a key role in the modernization of the Telecom sector and will use that experience to help create that transformation within Power”

The size of the current order is about 284 crores and Spanco expects to win a few more orders within the next 2 quarters.
Editor Notes

About Spanco

Spanco Ltd, an ISO 9001-2000 Company is a focused player, in the filed of Information Technology Solutions & Services. Besides a dedicated System Integration arm and a BPO arm, Spanco has a few strategic interests in the related field of ICT (Information, communication & Technology). The various business activities divisions under the single corporate entity of Spanco actually complement each other, thereby resulting in provisioning best of the breed solutions and services to the end customer to enhance their business competencies.