New Delhi: GAIL (India) Limited has been awarded by the Government e-Marketplace (GeM) for making the highest procurement of Rs 1,033 crore among Central Public Sector Enterprises (CPSEs) through the GeM portal in 2020-21.
Accepting the award, GAIL’s Chairman and Managing Director (CMD) Manoj Jain said GAIL was continuously striving to increase its procurement through GeM. He also thanked GeM for accepting GAIL’s suggestion to facilitate the procurement of critical items like line pipes through its portal for the first time.
Government e-Marketplace (GeM) facilitates online procurement of common use goods and services required by various government departments, organisations, PSUs.
GAIL Director (Finance) AK Tiwari was also present on the occasion. The award was presented by GeM’s CEO PK Singh.
In the current financial year, GAIL has made procurement of Rs 526 crore through the GeM portal till July 2021.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)