The move was expected to reduce complaints and counter complaints and procedural delays in the purchasing function.
CIL, as the dominant public sector coal company, was keen to bring in greater transparency and quicker decision making in its procurement activities.
The contract with MSTC was finalized after a competitive bidding process.
The estimated value of purchases to be handled through e-procurement was expected to be around Rs 3400 crore in the first year. The materials includes equipments, consumables and spare parts.
CIL had earlier introduced the
