Saudi Electricity Co. (SEC) and L&T Infotech today signed an agreement under which L&T Infotech will implement an end-to-end integrated fully functional, secure, bilingual (Arabic / English) enterprise solution for metering, billing, account receivables, Customer Relationship Management and financial management systems. This will automate and integrate business processes, embed transaction-processing controls and provide appropriate reports to facilitate decision-making and smooth functioning of SEC.
The agreement was signed by Mr. Ali S Al Barrak, Chief Executive Officer, on behalf of SEC; and by Mr. Makarand Deolalkar, Executive Vice President and Global Head, Energy & Utilities, on behalf of L&T Infotech.
SEC’s operations span the entire Kingdom of Saudi Arabia, and the company is committed to providing its customers with safe, reliable electricity services. SEC aims to establish interconnected electric grids throughout the Kingdom to keep pace with the growing demand for electric power. Moreover, it has ambitious plans to participate in electric power generation, transmission, and distribution projects in the international markets.
“The faith reposed in us by SEC is a testimony to our pre-eminent position when it comes to SAP technology. This win is also a culmination of our long-term relationship with our esteemed clients in the GCC region in general and the Kingdom of Saudi Arabia in particular. This order will pave the way to strengthening our presence in the region. While executing this order, we will not only leverage our Business-to-IT Connect, but will also draw on L&T Group’s extensive experience in the energy sector in India and globally,” said Mr. Sudip Banerjee, Chief Executive Officer, L&T Infotech.
“We are delighted at the prospect of partnering with L&T Infotech in our quest to IT-enable our service offerings. This agreement will strengthen our focus on providing value-added services and products to our customers. The enterprise solution will help us to upgrade the level of services delivered to our diverse customer segments,” said Mr. Ali S Al Barrak, Chief Executive Officer of SEC.
L&T Infotech’s proposed solution caters to SEC’s requirement of fully bilingual integrated solution which includes display, dual calendar, currency symbol, data entry, online help, etc. The implementation of this solution will cover the Head Office as well as the Eastern, Central, Western and Southern Operating Areas.
L&T Infotech will be responsible for the following deliverables:
- SAP Customer Relationship Management and Billing for Utility
- SAP customer financial management for utility
- SAP energy data management for utility
- SAP annual technical support
About L&T Infotech
Larsen & Toubro Infotech Ltd. (L&T Infotech), one of the fastest growing IT Services companies, is ranked by NASSCOM among the top software & services exporters from India. Ranked among 2009 Leaders in the prestigious Global 100 list by International Association of Outsourcing Professionals (IAOP), and a wholly-owned subsidiary of US $ 9.8 billion Larsen & Toubro, India’s leading engineering, manufacturing & financial services organization, L&T Infotech is differentiated by its unique Business-to-IT Connect, which is a result of its rich corporate heritage.
Ranked No. 5 globally among the Best IT Service Providers by Global Services in 2009, we offer comprehensive, end-to-end software solutions and services in the following industry vertices: Banking & Financial Services; Insurance; Energy & Petrochemicals; Manufacturing and Product Engineering Services. Our new emerging verticals include Media & Entertainment and Life Sciences and Healthcare. We also deliver business solutions to our clients in the following horizontals/Service Lines; SAP, Oracle, Infrastructure Management Services, Testing, Consulting and Business Process Services. (www.Lntinfotech.com)
About Saudi Electricity Company
In 2000, the SEC was established as a Saudi joint stock company by the merger of all Saudi electricity companies in the Central, Eastern, Western and Southern Regions of the Kingdom of Saudi Arabia (KSA) in addition to ten small companies operating in the north of the Kingdom as well as all other electricity operations managed by The General Electricity Corporation.
SEC participates in electric power generation, transmission, and distribution across KSA. The company is committed to providing its customers safe and reliable electricity services, meeting the expectations of its shareholders, caring for its employees, and ensuring optimum utilization of available resources. (www.se.com.sa)
