NLC India Limited bagged GeM award in the category ‘Timely Payments (CPSEs)’ for the year 2023. NLCIL, which is a navratna company under the Ministry of Coal, got this award for its outstanding contribution in improving the reliability of e-market practices in line with the vision of GeM. K Mohan Reddy, Director (Planning and Projects) received the award on behalf of NLC India Limited. CMD, NLCIL Prasanna Kumar Mottupalli, complimented the officials of NLCIL for their efforts and wished them more success in future.
NLCIL registered and on-boarded in GeM portal in the year 2017. Its growth in GeM procurement started from a small value of Rs 2.21 crore during the year 2018-19. After that , the company has registered an impressive growth of Rs 984.93 crore during the year FY 2022-23.
Government’s e-Marketplace (GeM) is a dedicated e-Market service platform, a national public procurement portal, governed by the Government of India for marketing different goods and services.
