NLC India Ltd bags GeM Award in "Timely Payments (CPSEs)" Category for 2023

OV Digital Desk

NLC India Limited, a navratna company of the Ministry of Coal, has won the GeM award in the category of “Timely Payments (CPSE)” for the year 2023 for its outstanding contribution in improving the trustworthiness of e-market practices in line with GeM’s vision. NLCIL registered and joined the GeM portal in the year 2017. NLCIL’s growth in GeM sourcing started from a small value Rs 2.21 crore during the year 2018-19 and the company registered a ‘impressive growth of Rs 984.93 crore during the year FY 2022-23. Government e-Marketplace GeM is a dedicated e-Market service platform, a national government procurement portal, governed by the Government of India for marketing different goods and services. To promote the energy market in line with GEM’s vision of transparent, inclusive and efficient public procurement in India, the Government of India presented awards.

Shri K Mohan Reddy, Director (Planning & Projects) received the award on behalf of NLC India Limited. Shri Prasanna Kumar Mottupalli, CMD, NLCIL complimented the officials of NLCIL for their efforts and wished them more success in the future.

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FROM/RKP

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