BANGALORE, India, Aug. 10, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today announced that HMEL, a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investment Pte Ltd, Singapore, has adopted a new IBM analytics-based solution to transform how the company manages its financial and operations data to boost business performance.
HMEL has built the 9 MMTPA (million metric tonne per annum) Guru Gobind Singh Refinery in Bathinda, Punjab. The first oil and gas project to be set up in the state of Punjab, the refinery produces petroleum products complying with Euro IV emission norms, with a capability of processing 180,000 barrels of crude oil per day. HMEL had earlier engaged IBM as its strategic partner for the design and implementation of manufacturing execution systems (MES) including the selection of the select processes and applications, as well as managing the mechanics of the program.
The new IBM solution integrates information from the various components of the MES, enterprise resource planning (ERP), and control systems within the refinery and delivers a consolidated, single view of the data. The new technology will enable HMEL to analyze key corporate business processes including, planned versus actual investments, production, key performance indicators, among others. The system will generate near real-time information for HMEL business executives to use to make more intelligent decisions around optimizing productivity and margins.
"As a green-field project, we wanted to leverage the best of technology to ensure world-class operations and efficiency. We needed a solution that would provide us with a centralized view of all our assets for operational management purposes. IBM's framework, built for our industry, addressed our requirement effectively," commented, Moiz Tankiwala, Chief Operating Officer, HMEL.
IBM has been working alongside HMEL as part of Project Prism, the umbrella program to implement strategic applications for HMEL, to support the ERP system, master data management (MDM), build key performance indicator (KPI) dashboards, and create an integration business application environment. The Cognos Business Intelligence solution helps HMEL in building an enterprise-class Performance Management platform closely aligned with their existing technical architecture.
"This project is a testament to our ongoing collaboration to build smarter solutions across industries in the region. We are proud to be associated with HMEL in helping them build a truly world-class refinery," said Vanitha Narayanan, Managing Partner, Global Business Services, IBM India/South Asia. "Amidst complex processes, like in a refinery, use of analytics can transform financial processes and improve operational efficiencies thereby establishing a new standard of excellence in business performance."
The IBM analytics solution not only delivers the ability to access data consistently, but also equips the organization with power to interpret, transform and derive process operation actions from the information. It provides an industry standards based information model and associated integration techniques, enabling HMEL to turn data into information that can be accessed and delivered through Web services.
HMEL is one of the five refineries in the world to commence integrated operations from day one. The implementation at HMEL is a clear reflection of IBM's approach to analytics that brings together its deep consulting expertise, information management and enterprise content management software, that help clients like HMEL align their organization around information; anticipate, predict, and shape business outcomes, and act with confidence at the point of impact.
HMEL is a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investments Pte Ltd, Singapore – a Lakshmi N Mittal Company. Both the joint venture partners hold a stake of 49% each in the company, the balance 2% is held by Indian financial institutions. HMEL has built a world-class state of the art refinery, GGSR, incorporating the latest technologies. The refinery has high Nelson Complexity Index which will enable maximizing value added products even from heavy / sour crudes.
For more information, please visit http://www.hmel.in/
Sangeetha R Chakravarthy
Head – Corporate Communications, HMEL
Email: [email protected]
IBM India External Relations
E-mail: [email protected]
Pasha Ray Dahncke
IBM Media Relations