Product category:
Simulation, modelling and validation software
News Release from: Aspen Technology
Edited by the Engineeringtalk Editorial
Team on 19 December 2006
Application supports Indian refinery
Essar is using the aspenONE application to provide managers with real-time production data from the plant, giving them the ability to monitor and track refinery performance.
Aspen Technology has announced that Essar Oil, part of the Essar Group, one of India's largest corporations, has signed a major licence agreement to use aspenONE for Energy solutions to support its new refinery operations Essar is using the aspenONE Production Management and Execution for Energy application to provide managers with real-time production data from the plant, giving them the ability to monitor and track refinery performance against a series of key performance indicators (KPIs)
This article was originally published on Engineeringtalk on 19 Feb 2001 at 8.00am (UK)
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The aspenONE application incorporates a number of important capabilities including a plant data historian, yield accounting and visualisation of refinery-wide performance.
The application has an interface to Essar's SAP enterprise resource planning (ERP) system, so that production data can be integrated with financial accounting information.
This provides an integrated refinery management system which will enable Essar to make more profitable operating decisions, respond more quickly to market opportunities, and optimise refinery production.
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"Essar is committed to implementing best in class technologies at its new Vadinar refinery", said Adi Shroff, Chief Information Officer, Essar Oil.
"The aspenONE Production Management and Execution for Energy application enables us to provide real-time performance data to decision makers across our organisation".
"Integrating the application with our ERP system will also give our senior managers clear visibility of how the refinery is performing against our main financial and operational KPIs".
Essar's new refinery is located at Vadinar in Jamnagar, Gujarat on India's West Coast, and was commissioned on November 24, 2006.
The refinery will have a capacity of 10.5 million tonnes per annum and has required an investment of close to US $2.2 billion.
The aspenONE application, which is being implemented by refining specialists from AspenTech's Professional Services group, will be used from the initial commissioning stage so that managers can monitor plant performance as the refinery moves to full production.
"This agreement with Essar represents a significant first step in establishing a strong, mutually beneficial relationship between our companies", said Blair Wheeler, Senior Vice President, AspenTech.
"Once our aspenONE Production Management and Execution application is successfully deployed, we look forward to working with Essar to deliver additional value through the implementation of our aspenONE solutions across its refinery and supply chain operations".
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