CIMdata PLM Industry Summary Online Archive
November 21, 2007
Implementation Investments
Indian National Hydroelectric Power Corporation selects IFS Applications to support their expansion
National Hydroelectric Power Corporation Ltd. (NHPC), one of India's major power generation companies, has signed a contract worth over US$ 7 million with IFS Solutions India Pvt. Ltd. NHPC, with over 13,000 employees, plans to become a 20,000 MW company by 2017, and has chosen IFS Applications to support its processes within finance, project management, maintenance and operations, and business performance.
The contract covers five years, with the majority of the license and services revenues for IFS in 2008 and 2009. The impact on 2007 revenue is negligible.
IFS prioritizes the energy and utilities industry and has more than 140 customers involved in power generation, transmission & distribution and water & sewage. These include the world's largest hydropower plant, Three Gorges (P. R. China), nuclear power plants OKG (Sweden), PBMR (South Africa) and Qinshan (P. R. China), grid operators such as Svenska Kraftnät (Sweden), Statnett (Norway) and TenneT (The Netherlands) as well as distributors such as Vattenfall (Sweden), Fortum (Sweden), and Hafslund Energi (Norway). Reliable and safe Asset management and workforce management are critical processes in the energy and utility industry, to which IFS has provided solutions for more than 20 years.
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