-2.30 (-0.64%) NTPC has launched a single-window system to deal with the procurement needs of the power plants across the country in place of a plant-wise tender process being practiced so far. The new system will create a win-win situation for both the vendors and company.
The company procures materials and items worth Rs 2,000 crore for the operational and maintenance requirement, besides awarding Rs 1,600-crore work contracts each year.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.