India’s growing economy an outcome of growing business operations, is also an indication of the increasing surge in per capita power consumption. While the primary drivers of the growing economy are heightened industrial advancements, these advancements are heavily reliant on electrical power. Meeting the growing demand for power requires ample addition of capacity. However, a grave challenge lies in maintaining efficiency of operations while capacity increase processes are underway. Overcoming this challenge to ensure uninterrupted power supply requires highly skilled adequate manpower, and modifying procedures into strategic endeavors with an emphasis on increasing reliability, sustainability, and efficiency.
Sai Urja Indo Ventures Private Limited (SUIVPL), established in 2012, stands as a best-in-class operations and maintenance (O&M) via AMC services provider. The firm as a reliable one-stop partner is committed to offering diversified O&M services, possessing a strong foothold in the market on account of its ability to tailor services as per client needs. As one of the few market players registered for MEGA for 2-3 year contracts for NTPC, the firm has established itself as a strong contender of high-cost contracts.
SUIVPL’s Competitive Edge
Starting with just a handful of maintenance contracts upon inception in Maharashtra, SUIVPL has grown remarkably, now offering its services across various parts of India including MP, Chhattisgarh, UP, Bihar, Jharkhand, Orissa, Andhra Pradesh, and Karnataka. Associated with diverse public and private sector industries including NTPC, ADANI GMR, Mahagenco, BSP (SAIL) and HURL; the firm offers a comprehensive range of O&M services encompassing Electrical, C&I, Mechanical Maintenance, MGR, CHP, Operations for power and other process plants. The firm excels in delivering its services while ensuring utmost safety and quality in alignment with the Quality Management System (ISO 9001:2015).
“We are growing with the growth of the power sector with diversification in other industrial and commercial sector services. Our expertise covers diverse areas such as BTG, AHP, CHP & MGR, reflecting our capabilities to provide end-to-end solutions to specific clients. Our successful expansion and execution of projects in various regions underscores our existence and competence in supporting the specific needs of different power plants”, shares Harsh Mittal, CMD.
A distinct advantage that SUIVPL lends is that the firm offers AMCs in O&M services which are tailored to the unique needs of each client. The firm’s procedure for meeting each client’s needs begins with a meticulous inspection and analysis of the existing infrastructure and operational requirements, which provide insight on the kind of solutions needed. This enables SUIVPL’s team of experts to design custom solutions, focused on efficiency as well as performance effectiveness. Furthermore, during the customization process, the team considers the client’s objectives as well as schedules to help cut-down the downtime of services while optimizing equipment longevity.
“At SUIVPL, our approach is grounded in a commitment to understanding and addressing the unique needs and challenges of each client. We frame our actions and infrastructure as per specific needs of that plant, the overall requirements from all the team-members of the client group. We do comprehensive maintenance planning in view of customized requirements. Specialized expertise is hired, required skill set is deployed based on assessment of existing resources”, further shares Aarti Mittal, CFO.
SUIVPL’s competitive edge not only lies in its comprehensive procedures, but also in its expansive team of diversely skilled professionals bringing a wide range of expertise across disciplines.
Such capability of the workforce enables SUIVPL to offer specialized services and solutions, while ensuring safe and healthy conditions of the client’s systems. Leveraging the company’s adoption of cutting-edge technologies in combination with the team’s proactive brainstorming and creative problem-solving skills has enabled SUIVPL to surpass expectations while staying agile with the evolving market dynamics.
Whereas AMC provisions are challenging enough to manage with their 24x7 working availability, the additional commitment to ensure efficient execution, timely services, and uncompromised observance of safety and quality standards-in which a lot of service providers fall short- is where SUIVPL excels. Fulfilling and surpassing client expectations proactively is where SUIVPL shines.
Agility All the Way
SUIVPL epitomizes adaptability and agility in the operation and maintenance landscape by staying attuned to the evolving industry requirements. In an era where power plants and process industries demand specialized attention, SUIVPL has meticulously embraced a robust framework to manage intricate operational and maintenance tasks. The company thrives on a strong foundation of fair business practices, unwavering ethical standards, and a commitment to core values.
Navigating through the intricate complications of statutory compliances and regulatory requirements, SUIVPL ensures strict adherence to statutory obligations, including ESIC, PF, PT, and tax regulations, to maintain seamless operations. Its streamlined back-office support complements day-to-day site management, allowing for a proactive approach to addressing any potential defaults.
Embracing technological advancements, SUIVPL harnesses predictive maintenance tools, condition monitoring instruments, and sophisticated data analytics to detect equipment health anomalies swiftly. Leveraging AI/IOT technologies and Alarm Management Systems (AMS), SUIVPL acts to optimizes maintenance strategies, identifying and rectifying flaws early to prevent potential failures, thereby ensuring asset management and prolonged equipment life. Its partnership approach with clients highlights its commitment to rectify operational defects, enhance asset management, and extend equipment life. SUIVPL's holistic view toward maintenance ensures adaptability to modern technologies, fostering a robust environment for predictive and proactive maintenance, thereby guaranteeing operational efficiency and reliability in the power and process industries.
A distinct advantage that suivpl lends is that the firm offers amcs in o&m services which are tailored to the unique needs of each client
Futuristic Vision
With the continual emphasis on expansion of thermal and hydro power plants, the demands from the power sector and the process industries in the nation are anticipated to continue experiencing increase. Furthermore, the swift development of unconventional energy sources such as wind and solar are further pushing for the growth and expansion of this industry.
While the industry is facing an upsurge in demand, the shifting work nature, moving from manpower-based contracts to performance linked or performance based contracts is also altering the industry dynamics. This shift, focused on key deliverables and key performance indicators is a reflection of a strategic shift towards greatly quantifiable and outcome-oriented contracts.
With a bundle of changes and developments under way, the industry predicts an increase in competition despite the availability of small-scale and localized agencies that are operational within specific regions. Once a small-scale local agency, SUIVPL has grown into a large-scale company, edging towards a global exposure. SUIVPL’s journey since its inception is nothing short of an inspiring tale of hard work, dedication, and a commitment to quality and safety. As the firm continues to achieve new successes, it envisions extensive expansion and diversification agendas underway, designed tactfully to leverage the advantages lent by India’s economic and industrial growth and development.
“Our vision is to stand and sustain the number one position in O&M having repute in line with multinational giants. Under the leadership of Harsh Mittal, CMD, SUIVPL aspires to be recognized globally, as evidenced by our vision to redefine the power sector services both in India and abroad. Our goal of becoming a multinational company in the upcoming years reflects our ambition and dedication for sustained growth. Although it is a challenging task but we know In the middle of difficulty lies an opportunity”, lastly adds Dewanath Bhoyar, VP - Technical.
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