8th Global Procurement Summit















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PowerGrid awarded for its massive procurement through GeM Tufte CSS

PowerGrid awarded

for its massive procurement through GeM

Thesynergyonline Corporate Bureau
GURUGRAM, JANUARY 19 :

Power Grid Corporation of India (PowerGrid), a Maharatna public sector undertaking (PSU) under Ministry of Power, Government of India, has been awarded for extensive procurement through Government e- Marketplace (GeM) portal.

PowerGrid's Director (Personnel) Dr. V. K. Singh and Executive Director (Contract Services) Mr. B. Anantha Sarma, received the Certificate of Appreciation from Mr Sandeep Verma, Additional Chief Secretary, Department of Science & Technology, Government of Rajasthan and Mr . Prakash Mirani, Additional CEO, Government e-Marketplace at the 8 th Global Procurement Summit, organized by All India Management Association (AIMA)

PowerGrid's Director (Personnel) Dr. V. K. Singh and Executive Director (Contract Services) Mr. B. Anantha Sarma, receiving the Certificate of Appreciation from Mr Sandeep Verma, Additional Chief Secretary, Department of Science & Technology, Government of Rajasthan and Mr . Prakash Mirani, Additional CEO, Government e-Marketplace.at the 8 th Global Procurement Summit, organized by All India Management Association (AIMA) with support of Ministry of Finance, Government of India and The World Bank.

Procurement

Through GeM

PowerGrid began procurement through GeM in 2018 and procured goods worth Rs 6.62 crore through GeM in FY 2018-19. .

PowerGrid has carried out 98.88 per cent of its total Goods & Service procurement through GeM during this period.

PowerGrid began procurement through GeM in 2018 and procured goods worth Rs 6.62 crore through GeM in FY 2018-19. In subsequent years, upon expansion of GeM portfolio, GeM procurement in PowerGrid witnessed a massive growth, reaching beyond Rs 1050 rore up to Q3 of the current financial year (FY 2022-23) .

The total transmission assets of PowerGrid and its subsidiaries Transmission assets ,as on December 31, 2022, include 1,73,791 circuit km of transmission lines, 270 substations and transformation capacity of 4,93,043 MVA.

With the use of state-of-the-art maintenance techniques, automation and digitization, PowerGrid has maintained transmission system availability more than 99 per cent.