Coal India Maintains Top Position Among CPSEs In GeM Procurement: Government

The government on Wednesday said Coal India Ltd. has maintained the top position among all Central Public Sector Enterprises in Government e-Marketplace (GeM) procurement.

GeM is an online platform for public procurement in the country.

As on Feb. 14, 2024, the procurement through GeM has soared to Rs 63,890 crore, which is 300% of the annual target of Rs 21,325 crore, the coal ministry said in a statement.

"The ministry of coal has achieved a remarkable milestone in Government e-Marketplace (GeM) procurement, surpassing its target for the fiscal year 2023-24," it said.

"'The significant increase in GeM procurement not only highlights the ministry's dedication but also underscores the robust collaboration and contributions from coal PSUs.

"Their proactive involvement has been instrumental in driving GeM procurement success story, further solidifying their position as key stakeholders in India's coal sector," the ministry said.