Tata Power and IGL Inks MoU to offer Integrated Services

Tata Power and Indraprastha Gas Limited (IGL) have announced the signing of a Memorandum of Understanding (MoU) at New Delhi towards setting up integrated customer services and value optimization.

The MoU was signed between E. S Ranganathan, Managing Director, IGL and Praveer Sinha, CEO & Managing Director, Tata Power in the presence of B. C. Tripathi. Chairman & Managing Director, GAIL. Also present on the occasion were Sanjay Banga, CEO Tata Power DDL, Rajiv Sikka, Director (Commercial), IGL and other Senior Officials from Tata Power, Tata Power DDL, IGL and GAIL.

The MoU will explore possibilities of co-operation in Common Utility Revenue Cycle Management and Customer Management Solutions and sharing of existing standalone customer care infrastructure; IT Solutions, Data Analytics, Geographical Information System (GIS) based Solutions SCADA, Advanced DMS etc. ; Energy audit of IGL establishments and energy efficiency implementation projects under ESCO (Energy Service Company) mode; Setting up of rooftop solar projects with customized structure for IGL establishments under CAPEX/RESCO mode and further exploring rooftop solar projects for residential, commercial and Industrial establishments; joint exploration of feasibility of setting up of large scale Solar Group Captive Power Projects under the Captive Policy of Government of India for IGL’s own consumption; Setting up of commercial scale charging and/or battery swapping stations for electric vehicles with the allied power management solutions;

The MoU will also cover common safeguard activities of underground assets (pipes and cables) including Right of way for activities like maintenance and laying of pipes & cables simultaneously, routine patrolling of under & above ground assets. Both the entities will also explore possibilities of co-operation in electricity generation, Optical Fibre Network and Integrated Utility Services for water, electricity and gas.

Speaking at the signing in ceremony, B. C. Tripathi. Chairman & Managing Director, GAIL said, “This initiative shall bring together synergies among two leading utility players and can go a long a way in improving operational efficiencies as well as customer experience. The two companies should also explore the possibilities of generating electricity from bio-gas using fuel cell technology”

Praveer Sinha, CEO & Managing Director, Tata Power, said, “We are happy to announce our partnership with IGL. It is a significant move towards offering integrated services to consumers of both the entities. Together, we will pave the way for smarter adoption of cleaner and greener technologies and services to support India’s giant strides towards environment friendly and sustainable future.”

E. S Ranganathan, Managing Director, IGL said, “This MoU with Tata Power can be a big step forward in moving towards the concept of ‘One City One Bill’ on the lines of many developed nations and shall open doors for IGL’s diversification into solar power”.