Launch ‘Choice Revenue Intelligence’ solution to help Indian DISCOMs Reduce AT&C losses and meet UDAY targets
In a bid to curb power theft in India and give impetus to the Union Government’s UDAY scheme, SAP SE (NYSE: SAP) today announced an alliance with Tata Power Delhi Distribution Ltd. (Tata Power-DDL) to jointly launch ‘Choice Revenue Intelligence’ solution in the country. With vast experience in Aggregate Technical & Commercial (AT&C) Loss Reduction, Tata Power-DDL will be the exclusive country partner and system integrator of this solution for Indian distribution companies (discoms). The announcement was made at the India Smart Grid Week in New Delhi.
‘Choice Revenue Intelligence’, an offering by Choice Technologies and SAP is a predictive analytics software that applies the most advanced artificial intelligence (AI) techniques to detect fraud and theft in the utility sector. The solution uses the power of real-time, in-memory SAP HANA capability in a big data scenario and is deployed on SAP Cloud platform. Designed with flexibility in mind, it can be quickly implemented on utility existing billing system to enable a seamless transition.
The launch in India is an extension of the global co-innovation agreement between SAP and Choice Technologies and having executed projects with large corporations across the world to achieve utilities to reduce non-technical losses. Tata Power-DDL has an established success story in Delhi by effectively utilizing technology integration to reduce its AT&C Losses from 53.1% (in 2002) to below 8.59% (current), and working with more than 18 states in their loss reduction initiatives.
Speaking on the launch, Mr Praveer Sinha, CEO & MD, Tata Power-DDL said, “As a pioneer in power distribution, Tata Power-DDL has always implemented the latest technologies to provide world-class services to its consumers and bring new solutions to deal with the challenges of the power sector. Choice Revenue Intelligence powered by SAP is aimed at bringing down AT&C losses for Indian Power Distribution Utilities using advanced AI, thus enabling Indian Discoms to meet their UDAY targets.”
“The mounting AT&C losses is a clarion call for India’s power sector to go digital now,” said Hemant Dabke, Vice President, Strategic Industries, SAP India. “Combining the proven expertise of Tata Power-DDL and next-generation AI technologies of SAP and software from Choice will prove to be a game changer for the nation’s Power & Utilities sector.”
Denis Maia, CEO, Choice Technologies said, “Choice Revenue Intelligence has helped Utilities in other parts of the world in bringing down the commercial losses consequently saving more than USD 1 Billion. The Choice-SAP- TPDDL combination will prove to be a success story for Indian Utilities as well.”
SAP, Tata Power-DDL and Choice Technologies also unveiled a joint whitepaper on the revenue intelligence solution and how it would help Indian Discoms to achieve their goal of AT&C loss reduction at the India Smart Grid Week.
Tata Power Delhi Distribution Limited [Tata Power-DDL] is a joint venture between Tata Power and the Government of NCT of Delhi with the majority stake being held by Tata Power Company (51%). Tata Power-DDL distributes electricity in North & North West parts of Delhi and serves a populace of 7 million. The company started operations on July 1, 2002, post the unbundling of the erstwhile Delhi Vidyut Board (DVB). With a registered consumer base of 1.6 million and a peak load of around 1852 MW (recorded in June 2017), the company's operations span an area of 510 sq. km.
Tata Power-DDL has been the frontrunner in implementing power distribution reforms in the capital city and is acknowledged for its consumer-friendly practices. Since privatization, the Aggregate Technical & Commercial (AT&C) losses in Tata Power-DDL areas have shown a record decline. An AT&C loss is a measure of the overall efficiency of the distribution business which is the difference between units input into the system and the units for which the payment is collected. Today, AT&C losses stand at 8.59% which is an unprecedented reduction of around 84% from an opening loss level of 53% in July 2002.
As the market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 378,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
No comments:
Post a Comment