SEPTEMBER 20239TOPSTORYINOX GREEN ENERGY SERVICES PERFORMED BY O&M ORDER FROM NLC INDIAIOC LAUNCHES DIGITALIZATION DRIVE TO IMPROVE MANAGEMENT & OPERATIONSState-owned NLC India has given a contract to I-Fox Windtechnik, a division of Inox Green Energy Services, for the operation and upkeep of a 51 MW wind energy plant in Tamil Nadu. A top provider of operations and maintenance (O&M) services for wind power is Inox Green Energy Services Ltd (IGESL). According to the company, the contract's scope includes complete O&M for five years, including a power evacuation system, with a revenue realisation of Rs 40 crore."The LoA (Letter of Award) from one of the biggest PSUs is a significant turning point for IGESL and our subsidiary I-Fox Wind as they continue to grow.S K Mathu Sudhana, the CEO of IGESL, stated that the company is moving closer to its objective of having a WTG O&M portfolio of 6GW by FY26 through a combination of organic and inorganic growth. Indian Oil Corporation (IOC), the top refiner in the country, has launched a significant data-driven digitalization drive to improve its crude acquisition, refinery operations, and financial management. This has increased both its efficiency and bottom line. Manish Grover, executive director (strategic information systems), Indian Oil Corporation, said: "What we have started doing is using the enormous data available to us to drive our decisions." IOC's operations, which include refineries, pipelines, gas stations, aircraft fueling stations, natural gas networks, and petrochemical plants, create a vast amount of data every day.As a group, we run refineries in ten different places. At one moment, we can handle 400 different kinds of neat crude. Three ports are used to import crude, which is then moved to a variety of refineries, the majority of which are landlocked. We deal with as many as 12,000 different crude mix variants at once in this complicated operation, said Grover. Then there are the demands brought on by the war, which force you to make hasty decisions regarding crude purchases at sea and to expedite the unloading schedule for them.
< Page 8 | Page 10 >