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Asset Management

The Asset Management Policy (AMP) Framework should describe how electrical utilities and industries manage their assets and investment in electrical distribution and transmission networks. This will allow realistic targets and strategic goals to be set and achieved. AMP provides all the stakeholders to identify company’s performance targets, areas of business focus, forecast levels of maintenance expenditure and capital investment planned to manage its asset base. The plan also identifies approach toward maintenance, development, asset renewal and replacement, network risk management and contingency planning.

 
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