GE said on Thursday it has entered into a strategic partnership to make Engro Corporation a key digital industrial partner for GE in Pakistan and the region.
Engro is one of Pakistan’s top conglomerates with investments in agriculture, fertilizers, foods, energy, chemical storage and petrochemicals.
Already a major GE customer, the company will aim to accelerate its transformation into a digital industrial powerhouse by selling GE solutions and becoming a system integrator of GE Power’s digital solutions for the power generation industry.
Engro and GE will also jointly develop new software applications on GE’s Predix platform for the Industrial Internet to address industries not currently served by GE in which Engro has deep domain expertise.
“GE and Engro are committed to bringing transformational solutions to Pakistan and across the region,” said Dr. Azeez Mohammed, President & CEO for GE’s Power Services business in the Middle East & Africa.
“Through our collaboration with Engro under this important agreement, we will provide advanced digital industrial solutions that enhance asset life cycles and reliability across multiple industries.”
The initial focus of the alliance will be on providing GE’s Digital Power Plant technologies to electricity generation companies in Pakistan.
Engro, in collaboration with GE, will acquire the latest cloud technologies that will help enable Pakistan’s power generation sector to raise its capacity and efficiency by leveraging more advanced technologies.
The move is part of a global digital power transformation that is expected to create $1.3trn in value between now and 2025, according to GE.
As part of the new agreement, Inbox Business Technologies, Engro’s application development and professional services organisation, will develop new applications on GE’s Predix platform for industries in which Engro has deep domain expertise, including petrochemicals, fertilizers and food processing.
GE said it will provide the tools and training to accelerate the development of these Predix-based applications.
Jahangir Piracha, CEO Engro Powergen Qadirpur Limited, said: “Engro remains resolute in its commitment to develop the local energy sector by introducing technological platforms that can enhance our domain expertise.
“Together with GE, Engro aims to implement and provide these customized digital solutions to a broad base of industrial partners in Pakistan which will help develop a more digitally competitive industry whilst simultaneously enhancing operational performance across the board.”