IFS and NHPC’s long standing partnership
IFS supports NHPC’s Project Kiran, the first major ERP Initiative in the hydropower sector in India
NHPC Limited, a government enterprise in India focuses on developing geothermal, tidal and wind energy sources. It launched Project Kiran in 2006, aiming to increase NHPC’s performance, productivity, and profitability through the implementation of an ERP system. The IFS system covers project management, contract management, inventory optimization, energy billing, maintenance and equipment uptime. The dashboard allows management to monitor key performance indicators in real time.
"IFS enables a centralized vendor database and has automated all activities from purchase requests (PR) to purchase orders as well as the receipt, issue and accounting of store items and assets."
About NHPC
NHPC Limited (formerly National Hydroelectric Power Corporation Ltd.), a Govt. of India Enterprise, was incorporated in 1975 and presently has an authorized capital of 150,000 million and the objective to plan, promote and organize integrated and efficient development of hydroelectric power. Later, NHPC expanded its objectives to include other sources of energy such as geothermal, tidal and wind.
Benefits seen using IFS
- Single database overing all business processes
- Adoption of best business practices
- High levels of coordination and synchronization between key functions
- Increased employee productivity
- Elimination of data redundancy
