NTPC pitches for single-window registration for MSEs
Buoyed by over 36 percent of its procurement from micro and small enterprises (MSEs), power giant NTPC has pitched for […]
Toshi Tiwari January 7, 2019
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Buoyed by over 36 percent of its procurement from micro and small enterprises (MSEs), power giant NTPC has pitched for its universal registration for supplies to all CPSUs in India.
As per a senior company official, “to promote ease of doing business for MSEs, NTPC Chairman Gurdeep Singh has proposed a single window registration for MSEs across CPSUs.” The official added that as against the government mandate for minimum 25 per cent procurement from MSEs, NTPC has achieved 36 per cent procurement from MSEs in the current fiscal until November 2018.
NTPC’s total procurement reaches around ₹1,000 crore in a year from 3,500 vendors and in the last fiscal, it stood at ₹1,163 crore. The official also said that “NTPC’s endeavour is to better its contribution in association with MSEs year on year. Therefore, Singh proposed on different fora that there should a one registration for all MSEs for procurements by CPSUs. But it is the MSME ministry which would take final call on it.”
Singh has also reiterated his proposal for single window registration of MSEs at the National Vendor Meet of Micro and Small Enterprises organised by NTPC at its Power Management Institute where about 225 MSE representatives came.
The meet was organised to raise the concerns of the vendors and get first-hand feedback on business dealings with NTPC and the support required from the company for increasing the participation of MSEs in its procurement. NTPC has taken several initiatives for MSEs such as MSE Registration Portal (single window registration for 358 reserved items for MSEs), vendor invoice tracking portal/app and NTPC Tenders info app.