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Press Release03 December 2019Siemens AGMumbai
Siemens to equip Bajaj Energy plant with digitalization solutions
Siemens Limited will equip Lalitpur Power Generation Company Limited (LPGCL), a Bajaj Group company, with advanced digital solutions for its power plant located in Lalitpur, Uttar Pradesh, India.
Siemens will provide a complete thermal twin for the LPGCL coal-fired power plant, enabling improvements in the plant’s performance. Siemens experts, in close collaboration with plant operations team, will provide remote performance monitoring and diagnostics from the recently launched Siemens MindSphere Application Center in Gurgaon. The thermal twin, powered by thermodynamic analysis and machine learning, allows power plant operators to diagnose performance gaps for every asset in the cycle in real-time and provides recommendations for improving performance. This co-creation approach will assist the plant team in identifying and rectifying performance gaps in a timely manner.
R S Sharma, Managing Director, Bajaj Power Ventures, said, “We are delighted to partner with Siemens in our digitalization journey. The digital solutions are aimed at improving power plant performance and optimizing operations. The solutions, once executed, will result in sustainable and efficient power generation.”
Gerd Deusser, Head, Gas and Power, Siemens Limited, said, “Changing market requirements in the power sector have increased the demand for data analysis and digitalization is about turning that data into value for businesses. We are proud to partner LPGCL in equipping their super-critical power plants with cutting edge digital solutions. Digitalization will be a significant enabler for more efficiency, sustainability, security and productivity for power plants.”
For further information on Siemens Omnivise Digital Services please see
https://sie.ag/2khWc1r
Siemens Limited focuses on the areas of power generation and distribution, intelligent infrastructure for buildings and distribut-ed energy systems, and automation and digitalization in the process and manufacturing industries. It is also a leading supplier of smart mobility solutions for rail and road transport and infrastructure solutions for Smart Cities. Siemens Limited, in which Sie-mens AG holds 75% of the capital, is the flagship listed company of Siemens AG in India. As of September 30, 2019, Siemens Limited had Revenue of INR 13,323 crore and 9,426 employees. Further information is available on the Internet at www.siemens.co.in.
Forward-looking statements: “This document contains forward-looking statements based on beliefs of Siemens' management. The words 'anticipate', ‘believe’, ‘estimate’, ‘forecast’, ‘expect’, ‘intend’, ‘plan’, ‘should’, and ‘project’ are used to identify forward looking statements. Such statements reflect the company's current views with respect to the future events and are subject to risks and uncertainties. Many factors could cause the actual result to be materially different, including, amongst others, changes in the general economic and business conditions, changes in currency exchange rates and interest rates, introduction of compet-ing products, lack of acceptance of new products or services, and changes in business strategy. Actual results may vary materi-ally from those projected here. Siemens does not intend to assume any obligation to update these forward-looking statements.”