Balco deploys state-of-the-art BI tools to track oil consumption

AL Circle

The renowned aluminium producer in India, Bharat Aluminium Company Limited (BALCO), is aggressively investing and extending the application of smart technology inside its production systems.

Balco deploys state-of-the-art BI tools to track oil consumption

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The organisation has implemented several high-end digital solutions to guarantee business excellence, from smart analytics for decision-making at the strategic business unit (SBU) level to real-time equipment monitoring at shopfloors.

The business has updated its oil monitoring procedure using cutting-edge business intelligence technologies to monitor oil recovery and consumption at the equipment and SBU levels.

This will assist BALCO in maximising and lowering the amount of oil used in specialist vehicles and large machinery.

Strategic business units will be able to optimize the use of new oil and recover and refine used oil with better planning and greater efficiency with the help of business intelligence tools like System Applications & Products and Material Return Vouchers, leading to significant cost savings and waste reduction.

It will support the business's goal of producing no waste while boosting production and efficiency. This is consistent with the business's dedication to using sustainable manufacturing techniques, such as reasonably using raw materials, switching to low-carbon fuels, and decarbonizing plant operations.

Abhijit Pati, the CEO and Director of BALCO, while speaking about BALCO’s approach to the technological transformation of its operations, said, “We, at BALCO, are committed to achieving excellence across all our areas of operations, using new-age technology, sustainable practices, and disruptive innovation. Our technological interventions serve to bolster safety, productivity, and efficiency. An in-house innovation, such as oil balancing with digital technologies, will help us improve operational efficiency, reduce costs and decrease carbon footprint.”

GAE 2023

“Deployment of such smart solutions across all levels at this unprecedented scale will help us create a future-ready organization that caters to India’s aluminium needs and contribute to the expeditious development of the region and nation at large.”

Furthermore, BALCO has been utilizing emerging technologies such as Artificial Intelligence (AI) to improve power plant efficiency, Robotic Process Automation across various sales and marketing activities, Radio Frequency Identification (RFID) technology to track the movement of liquid aluminium-carrying vehicles within plant premises, and a highly sophisticated security system for people and assets.

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