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NTPC for easing MSE registration

Buoyed by over 36% of its procurement coming from micro and small enterprises (MSEs), power giant NTPC has pitched for their universal registration for supplies to all CPSUs. “To promote ease of doing business for MSEs, NTPC chairman Gurdeep Singh has proposed a single window registration for MSEs across CPSUs,” a senior company official said. As against the government mandate of minimum 25% procurement from MSEs, NTPC had achieved 36% procurement from MSEs in the current fiscal till November, the official said. NTPC’s total procurement was about Rs. 1,000 crore a year from 3,500 vendors. Last fiscal, it was Rs. 1,163 crore.

Source : https://www.thehindu.com/todays-paper/tp-business/ntpc-for-easing-mse-registration/article25829618.ece

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