NTPC launches single window system for procurement needs

Hyderabad . NTPC Limited has launched a single-window system to deal with the procurement needs of the power plants across the country in place of a plant-wise tender process being practiced so far.

 

“The new system will create a win-win situation for both the vendors and company. The vendors can now

participate in the operation and maintenance requirements of every plant while the enhanced competition will result in cost-savings for the company,” R Venkateshwaran, regional executive director(South), said on Friday.

 

The company procures materials and items worth Rs 2,000 crore for the operational and maintenance requirement, besides awarding Rs 1,600-crore work contracts each year, according to Venkateshwaran .BUsiness Standard