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NALCO to procure Rs 300 cr worth goods & services from MSEs in 2014-15

Updated: Sep 05, 2014 12:11:18pm
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Bhubaneswar, Sept 5 (KNN)  The National Aluminium Company (NALCO), a PSU, has set a target of Rs 300 crore for procurement of goods and services from the micro and small enterprises (MSEs) in 2014-15. However, it said that MSE units should give more attention to maintaining quality, cost competitiveness and technological upgradations.

According to data on the NALCO website, the total value of goods and services to be procured from the MSEs is Rs 300.30 crore for the year 2014-15. In percentage terms, this constitutes 19.5 per cent of the total annual procurement of the company estimated at Rs 1,540 crore for the year. 

The total number of vendor development programmes targeted for 2014-15 is 10.

According to the Public Procurement Policy, all Central ministries/PSUs will have to procure 20 per cent of their total annual purchase of goods and services from the MSE sector.
NALCO recently held the 19th Plant Level Advisory Committee (PLAC) meeting in which it stated that orders worth Rs 294 crores were placed with the MSEs in 2013-14.

While speaking at the meeting, Soma Mondal, Director (Commercial), NALCO highlighted the PSU’s concern as a mother industry towards promoting the interest of local MSEs.

Speaking on the occasion, CMD, NALCO, Ansuman Das,  said that in context of globalization it is evident that the MSE units should lay more emphasis in maintaining quality, cost competitiveness and technological u gradations.

‘Moreover NALCO is always eager to support the MSEs, in whatever way that is feasible’ said Das.

He also said that concrete efforts put in, both by NALCO and MSE units, with the requisite support from the concerned Government bodies have helped build a rising trend in business dealings between NALCO and MSE units.

Sharing his views on the upcoming Aluminium Park at Angul, Das said that the same is expected to promote downstream and ancillary industries. NALCO has committed to supply 50,000 MT hot metal to the JV Company. Odisha based industries should take advantage of it.

Speaking on this occasion, Secretary to Government, MSME Department, Odisha, Panchanan Dash advised all District Industries Centres (DICs) to be more active as facilitators between NALCO and the MSEs.

During the meeting, presentations were made by NALCO officials explaining the methodology of placement of orders on ancillary units. The items identified for purchases from MSE/Ancillary units were also detailed out. It may be mentioned here that Nalco has given ancillary status to 57 MSEs of the State. (KNN/SD)

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