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Venwiz Helps EPC Firm Mitigate Project Delays and Expand Vendor Pool

EPC project Delay Case Study

Overview 

Our client, a growing EPC player in power transmission, needed support from the Gujarat government to address EPC project delay. They were undertaking a multi-million-dollar initiative to upgrade over 5,000 km of power distribution across five districts. This involved replacing outdated conductors with MVCCs and upgrading agricultural feeders and rural power lines. Given the project’s scale, we helped source local subcontractors to upgrade 1,480 CKM in MGVCL and 780 CKM in DGVCL. Our support included surveys, material supply, engineering, construction, and coordination.

Why are utilities replacing bare conductors with medium voltage current conductors?

Distribution companies are embracing a major shift from bare conductors to Medium Voltage Current Conductors (MVCC), revolutionizing power management. Engineered to handle voltage ranges from 6.6 KV to 33 KV MVCC offers several advantages over traditional bare conductors:

  • Safety: MVCC has insulation that reduces the risk of electrical shock and fire hazards. 
  • Improve performance: MVCCs reduce power losses compared to bare conductors, wasting less energy during transmission and improving efficiency and cost savings.
  • Prevent theft: MVCCs are more difficult to steal or tamper with when compared to bare conductors reducing losses due to theft. 

These cutting-edge conductors meet the highest industry standards—IEC 61089, IS 398 Part II, BS EN 50182, and BS EN 50397—ensuring superior performance and protection in modern electrical systems. The future of electrical infrastructure is here, and MVCCs are leading the charge.

Challenges

The client traditionally depended on two vendor models: 

Full-Service Vendors: These vendors were responsible for both supplying materials and installing the cables.

Installation-Only Vendors: These vendors installed only the cables provided by the client for a fee of 20% of the project’s total value.

However, given the project’s scale and complexity, managing a large number of vendors using these traditional methods posed significant challenges:

  • Vendor Discovery: Looking for local vendors with the right technical expertise, experience, and financial capability in multiple districts was challenging.  
  • Technical ambiguity: Defining the technical specifications for the MVCCs was complicated due to the diverse terrain. Getting work done on agricultural land was complicated requiring coordination with local authorities and landowners. 
  • Financial constraints: Balancing quality vendors within budget constraints proved challenging. They found it difficult to evaluate multiple proposals from various vendors objectively and ensure payment, pricing, and delivery matched the project timelines.  

Venwiz Solution

To address EPC project delays, Venwiz proposed a subcontractor solution that redefined the project scope and leveraged our advanced AI-powered platform. By moving away from traditional vendor models, we streamlined the process and improved project execution.

Key Benefits of the Subcontractor Solution:

  • Accelerated Vendor Discovery: Our AI-driven platform quickly identified suitable subcontractors, saving valuable time and resources.
  • Enhanced Project Execution: Streamlined vendor management and a clear project scope led to improved efficiency and quality.
  • Mitigated Financial Risk: Timely vendor engagement helped avoid potential penalties and cost overruns, addressing financial concerns associated with delays.
  • Scalable Solution: This approach can be applied to future large-scale projects, ensuring consistent results and reducing the risk of future EPC project delays.

Impact

Our client struggled for over 5 months to find vendors and risked potential financial penalties. By suggesting an alternative approach to subcontractors Venwiz helped them find suitable vendors within budget and averted significant losses. By leveraging our advanced technology and domain expertise, we delivered a tailored solution that optimized resource allocation, minimized risks, and maximized project outcomes. 

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