The deal is aimed at enabling digital transformation for TANESCO in order to support future ready applications including geo information system, IT infra/network, while improving agility and returns on investment through technology-led transformation.

TANESCO, an integrated power utility company is engaged in entire value chain of generation, transmission & distribution across Tanzania and is currently transforming itself into a digital enterprise, deploying the full spectrum of technology.

As part of the collaboration, Tech Mahindra will focus on delivering greater flexibility across digital IT operations, which includes modernizing core operations and internal applications to drive innovation and accelerate TANESCO's digital transformation journey.

Ram Ramachandran, SVP and Head, Middle East & Africa, Tech Mahindra, said, “Our partnership with TANESCO is a huge step in our continued journey towards bringing NexGen Utility solutions and service offerings across Africa and Middle East. We are committed to support TANESCO in their digital transformation journey.

The deal is aimed at significantly enhancing TANESCO's digital readiness, and thereby reducing their cost of ownership by automating aspects of their application and infrastructure solutions. We look forward to a strategic relationship with TANESCO to drive innovation in the technology ecosystem while delivering value and quality to end customers.”

Tech Mahindra is an experienced solution provider in the energy and utility business across power, water & wastewater, renewable, electric vehicle, microgrid, natural resources and mining sectors.

The company is currently working with utility companies in Ethiopia, Ghana, Botswana, Zambia, Angola, South Africa, among other, to help them grow in the right direction by providing digital technology, business consultancy, infrastructure & enterprise security, platform & network services, etc. and boost their quality of service and productivity.

Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. It is focused on leveraging 5G, blockchain, cybersecurity, artificial intelligence, and more, to ena

The company posted 25.8% increase in consolidated net profit to Rs 1338.70 crore on 16.1% rise in net sales to Rs 10,881.30 crore in Q2 FY22 over Q2 FY21.

The scrip rose 1.45% to end at Rs 1561.05 on the BSE today.