Indigenous management system developed by IIT-M for ONGC

18 Jul 2022 CW Team

The Indian Institute of Technology-Madras has developed a large database management software system that would collect structural and design-related data for the Oil and Natural Gas Corporation (ONGC) to reduce the cost of maintenance and rehabilitation of offshore oil platforms. The software 'Structural Integrity Management System' (SIMS) was developed by the Offshore Structures Group by the department of ocean engineering at IIT Madras.

It has a large database management system housing crucial information about structural and other design-related data, which can be extracted by a click of a button, saving considerable time and effort for ONGC.

IIT-Madras Director professor V Kamakoti handed over the system to ONGC Director (Offshore) Pankaj Kumar at an event.

The facility would be implemented by ONGC with access to various stakeholders like the Institute of Engineering and Ocean Technology, offshore assets, offshore engineering services, and inspection and maintenance and repair teams of ONGC.

“I am sure this software will contribute towards ‘Atmanirbhar’, which is very important. Today, tonnes and tonnes of your personal data is going abroad. This IIT Madras contribution is extremely important in keeping ONGC data from going out. This data, if collected in a streamlined manner for some years, can help in the development of indigenous start-ups that can develop Atmanirbhar technologies,” Kamakoti said.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..