NTPC Korba station organised a Vendors Meet under the aegis of Contracts and Materials (C&M) department at the Simulator Auditorium here on Saturday. Over 100 vendors and suppliers to the power station were present during the meet which was called in the context of a pan-India drive for vendor enlistment launched by the PSU on April 15.
It is to be noted here that NTPC has launched a new business initiative to expand vendor base and bring uniformity in procurement process of materials and services at all its plants. For achieving this goal, the company is undertaking enlistment of vendors and contractors for procurement of materials and work contracts on all-India basis.
Speaking on the occasion, Prakash Tiwari, Group General Manager, said the initiative has been taken keeping in view the changing business paradigm and can be a win-win situation for both NTPC as well as the suppliers/vendors.
“While it will ensure growth in volume of business for the vendors and suppliers, the same will help NTPC by ensuring an expanded vendor-base offering good quality materials and services, healthy competition and transparency in the system,” he added.
CB Mahajan, AGM (C&M) I/c presented the welcomed address and Nikhil Prabhakar, Manager (C&M) made a presentation on the new enlistment process. Among others, Ram Das, GM (O&M), S Mukherjee, GM (Maintenance), C Dakshinamurthy, GM (TS) were present on the occasion.