MoP - Ministry of Power

providing CDM Advisory consultancy services in the area
of Energy Efficiency/Power Distribution Sector, which is a
first of its kind in world. REC/PwC is currently working on
development of Project Design Document (PDD) of HVDS
Projects of APSPDCL.
10. TRAINING ACTIVITIES AT CIRE HYDERABAD
10.1 Training Programmes organized till 30-11-07 :
10.1.1 Central Institute for Rural Electrification (CIRE) of REC
located at Hyderabad has conducted 47 programmes during
the year 2007-08. It comprises of 6 open programmes, 30
sponsored programmes under Distribution Upgrades &
Management (DRUM), 5 in-house programmes for REC
Employees, two National Workshops, two International
Training programmes sponsored by Ministry of External
Affairs, Government of India under Indian Technical
Economic Cooperation (ITEC) and Special Commonwealth
Africa Assistance Plan (SCAAP) (under progress).
10.1.2 1288 Engineers / Officers from different power utilities
in the Country including officers of REC have been trained.
The programs are on various aspects of power distribution
management ranging from energy audit, power pilferage,
DSM to Power Sector Accounting,Innovative technologies
for Power distribution, Metering and Billing etc. National
Workshops were conducted on “training of non-executives
of Power Distribution Sector” and “Clean Development
Mechanism (CDM) opportunities for Power Sector.”
10.2 Anticipated Programmes to be organized till 31-3-08
10.2.1 During the remaining part of this financial year, 20
programs are slated to be organized comprising 8 open
programs, 10 programs under DRUM and 2 International
Training programs.
11. BUSINESS DEVELOPMENT
11.1 Consortium Lending by REC
Large debt requirement in power infrastructure projects,
generally requires the promoters to approach several
financial institutions for funding. In order to speed up the
overall finance delivery, and ensure that large projects
achieve early financial closure, REC has entered into
consortium arrangement with other financial institutions
during the current financial year, and signed Memorandum
of Understanding (MoU) with Housing and Urban
Development Corporation Limited (HUDCO), and India
Infrastructure Finance Company Limited (IIFCL) which
makes available single window finance for power
infrastructure and related areas. REC has already taken a
lead role in financing certain projects where the MoU
partners are co-financers.
11.2 REC co-promotes Indian Energy Exchange
REC became a strategic partner in the Indian Energy
Exchange Limited (IEX), the first power exchange of the
country by subscribing to 5% equity. IEX was earlier
approved by the Central Electricity Regulatory Commission
(CERC) in pursuance to Section 66 of the Electricity
Act 2003, and is promoted by a consortium led by MCX,
Financial Technologies Limited (FTL), PTC and others. IEX
is proposed as an independent demutualised, national level
exchange for trading power mainly in the day-ahead market,
weak-ahead and 3-month ahead markets.
12. INFORMATION TECHNOLOGY
12.1 Progress made during the current year up to 30 th
November, 2007
(1) Implementation of ERP based Integrated Information
System: REC has initiated implementation of a full fledged
ERP system for increasing the efficiency and effectiveness
of the functional processes across the organization. The
objective is to create a robust MIS system for all functions
with seamless flow of data from various offices of the
organization to provide management support at all levels.
For this purpose, the oracle e-Business suite is being
implemented by M/s Tata Consultancy Services (TCS) and
the Management Development Institute (MDI), Gurgaon is
the consultant for the project. The work on the project has
started from 19th Feb, 2007 and so far ‘AS-IS’ process
study and business blue printing has been completed. At
present the conference room pilot testing of the project is
under progress.
(2) The I.T infrastructure of the Corporation has been
strengthened by consolidation of CO LAN and installation
of latest computers (109) & printers. Another 31 are in the
pipeline.
(3) The website of the Corporation has been revamped
and the new website developed in-house having more
attractive and dynamic features has been launched during
June 2007. Process has been initiated to involve professional
organization to make it more attractive and give professional
look and to make it more interactive and dynamic.
(4) Information Technology Security Policy has been
formulated and circulated to all the Deptts. and Zonal /
Project offices.
(5) Steps initiated to connect all the Offices of the
Corporation by implementation of Corporation Wide WAN.
12.2 Anticipated Targets to be achieved during the
remaining period of the year i.e. up to 31st March, 2008
1) Go-live operation of the ERP project in the
Corporate office
2) Re-designing of the website by involving external
professional agency to make the website attractive,
interactive with dynamic features.
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