TCS, AGL Energy Ink $16 mn Deal

Tata Consultancy Services (TCS) has signed a five-year, $16 million information technology services contract with AGL Energy Limited (AGL), Australia''s largest retailer of gas and electricity. Under the agreement, TCS will manage and support all SAP applications for AGL. This includes AGL''s existing SAP ERP system and the SAP Industry Solution for Utilities, which is currently being implemented. TCS has a strong presence in Australia & New Zealand and has been operating in the region for the last 25 years. In 2006, it bagged a $97 million contract with Qantas Airways and acquired a leading Australian consulting unit to broaden its consulting offerings to Australian customers