ET BureauMUMBAI: Siemens announced on Wednesday that it has secured an order for a Digital Fleet Center Solution from Vedanta, India’s leading natural resources conglomerate to connect its power plant assets at Talwandi Sabo Power Plant (TSPL) in Punjab and Bharat Aluminum Company Limited (BALCO) in Chhattisgarh.
The engagement with Vedanta will be for three years where Siemens will initially provide three years of maintenance and service support to the system. The company refused to reveal the financials related to the order.
Siemens did not disclose the value of the order. The remote diagnostic centres in the last year alone generated a large number of proactive notifications, 40% of which avoided forced outages and 20% transformed forced outages into planned activities.
Vedanta has 45 power units and through this solution, all of them will be connected to the central monitoring station," Sunil Mathur, CEO, Siemens, India, told ET.
The company plans to eventually put all the data that they have on a central platform called Mindsphere.
"Vedanta intends to intensify the use of digital further, to optimize but also for breakthroughs. For our power plants, we would use digital technology to increase availability, to do predictive maintenance and to better manage our fuel feeds. This will also enable us to monitor critical functions of Vedanta¹s power plants in real time by using the richness and intelligence of digital information," Samir Cairae, CEO, Diversified Metals (India), Vedanta, said in a statement.
Apart from the private sector where Siemens is helping out customers with their digital expansion, Mathur said they are also working with the public sector. "We have 30-40 projects currently running in the public sphere where we are helping customers with their productivity. A few of them want to explore the idea of digitalisation deeply and the talks are on," he said.
Going forward, the Siemens CEO said that digitalisation will be at the forefront of everything they do.
The engagement with Vedanta will be for three years where Siemens will initially provide three years of maintenance and service support to the system. The company refused to reveal the financials related to the order.
The solution, touted by Siemens as the first of its kind in the world will enable the power units to be linked critically to Vedanta's monitoring station and will serve to analyse huge amounts of fleet data for continuous monitoring and diagnostics of these assets, eventually reducing unplanned outages, optimising costs, improve efficiency and time-to-market for the industry.
Siemens did not disclose the value of the order. The remote diagnostic centres in the last year alone generated a large number of proactive notifications, 40% of which avoided forced outages and 20% transformed forced outages into planned activities.
Vedanta has 45 power units and through this solution, all of them will be connected to the central monitoring station," Sunil Mathur, CEO, Siemens, India, told ET.
The company plans to eventually put all the data that they have on a central platform called Mindsphere.
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"Vedanta intends to intensify the use of digital further, to optimize but also for breakthroughs. For our power plants, we would use digital technology to increase availability, to do predictive maintenance and to better manage our fuel feeds. This will also enable us to monitor critical functions of Vedanta¹s power plants in real time by using the richness and intelligence of digital information," Samir Cairae, CEO, Diversified Metals (India), Vedanta, said in a statement.
Apart from the private sector where Siemens is helping out customers with their digital expansion, Mathur said they are also working with the public sector. "We have 30-40 projects currently running in the public sphere where we are helping customers with their productivity. A few of them want to explore the idea of digitalisation deeply and the talks are on," he said.
Going forward, the Siemens CEO said that digitalisation will be at the forefront of everything they do.
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