India’s largest power generation company, NTPC, has received the prestigious Platinum Award for its outstanding performance in GeM Procurement (Government e-Marketplace). The award recognizes the company’s exceptional contributions and excellence in procurement activities, outperforming all other Central Public Sector Undertakings (CPSUs) in the GeM procurement space.
In the fiscal year 2022-2023, NTPC’s GeM procurement gross merchandise value (GMV) surpassed Rs 24,000 crore, solidifying its position as the leading industry frontrunner. The company’s unwavering commitment to operational excellence and efficiency has been recognized with this top award, presented by Shri Piyush Goyal, Honourable Union Minister of Commerce & Industry.
NTPC’s commitment to embracing digital solutions and optimizing efficiency in procurement activities is reflected in its exceptional performance in the GeM Procurement platform. Following standardized practices and fostering transparency in government purchases, GeM procurement streamlines the procurement process, and NTPC’s outstanding contribution has been noted with this prestigious award.
The Platinum Award was received by Shri Gurdeep Singh, CMD, NTPC, and Shri C. Sivakumar, Regional Executive Director (Western Region-II, USSC), as they accepted the award on behalf of the company.
This recognition of NTPC’s GeM Procurement performance is a testament to the company’s firm commitment to promoting efficiency and operational excellence while fostering transparency in government purchases. The prestigious award further strengthens NTPC’s position as a leading player in the industry, setting a benchmark for other CPSUs to follow.
As the GeM Procurement platform plays a crucial role in streamlining procurement activity, NTPC’s achievement in this area is commendable. The company’s exceptional performance is an inspiration for other leading players in the industry to follow. In leveraging this platform effectively, NTPC has demonstrated a profound commitment to digital solutions and innovation that benefits society as a whole.
