POWERGRID Awarded For Its Massive Procurement Through GeM

Gurugram, 18 January 2023: Power Grid Corporation of India Limited (POWERGRID), a Maharatna 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. Singhand Executive Director (Contract Services) B. AnanthaSarma, received the Certificate of Appreciation from Sandeep Verma, Additional Chief Secretary, Department of Science & Technology, Government of Rajasthan and Prakash Mirani, Additional CEO, Government e-Marketplaceduring 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.

POWERGRIDbeganprocurement through GeMin 2018 andprocured goods worth ₹6.62 Crore through GeMin FY 2018-19.In subsequent years,upon expansion of GeMportfolio, GeM procurement in POWERGRID witnessed a massive growth, reaching beyond ₹1050 Crupto Q3 of the current financial year (FY2022-23).POWERGRID has carried out 98.88% of its total Goods & Service procurement through GeMduring this period.

The total transmission assets of POWERGRID and its subsidiaries as onDecember 31, 2022, include 1,73,791 circuit km of transmission lines, 270substations 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%.