Power Division inked deals with Microsoft and three other ICT (information and communication technology) firms recently to implement enterprise resources planning (ERP).
The ERP would help disseminate required information from own dashboards slashing dependency on others.
State minister for power, energy and mineral resources Nasrul Hamid was present as the chief guest at the deal-signing ceremony at Bidyut Bhaban in the capital.
Apart from Microsoft, other three ICT firms were Computer Services, Techno Heaven and Tech Vision.
As per the deals, the firms would help power division under power, energy and mineral resources ministry for quick execution of the ERP.
Speaking on the occasion, Mr Hamid said the ERP would help utilize the resources properly and accelerate the country's overall economy.
It would help develop human resources and their utilization, ensure proper supply chain management, client service, sales and purchase, he mentioned.