Schneider Electric has announced the launch of Eco structure Power and Process (EP&P) to boost the oil and gas sector in India. The company says that this will increase both efficiency and profitability in this segment of the economy. The company has partnered with Microsoft to create the Commercial Schneider Electric Internet of Things (IoT) in energy management and automation. This will help in bringing both power and process together. Through this platform, Schneider Electric aims to reduce Capex and opex by 20 to 30 per cent, to overcome the challenges associated with volatility in the O&G sector.
In its statement, the company says that whenever the power and process management systems work in different cycles, the business organization suffers from this. In such a situation, it is important to maintain the mocking and processing of different teams of engineers and programmers.
Responding to the launch, Anil Chaudhary, Zone President and Managing Director, Schneider Electric India said, “Difficult toxins can also be easily detected by changes in the marketplace and advancement of technology.” He further added, “Indian hydrocarbon sector Is at the centre of major changes as companies step up their efforts to increase India’s self-sufficiency in the oil and gas sector and The Esh establish the infrastructure of pipelines to transport. Also, on a partnership with Schneider Electric, Meetul Patel, COO, Microsoft India stated, “The operations in the oil and gas business are quite spread out, making efficient assets management very challenging.
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
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