Portal of Oil PSUs to promote Aatmanirbhar Bharat

Oil exploration

Theme: Delivering excellence through people

14th October 2020, New Delhi: Inspired by the vision of the Prime Minister for an Aatmanirbhar Bharat, a reliable and scalable portal has been envisaged for all Oil Companies. Based on the theme “Delivering excellence through people”, this initiative, taken under the guidance of Honorable Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan, aims to highlight the Capital goods requirement of Oil & Gas majors besides the items related to Maintenance, Repair, and Overhaul (MRO).

As a Make in India initiative, this web-based-portal will provide opportunities to new entrepreneurs and existing manufacturers to invest and expand their manufacturing base in India. This portal shall also provide real-time data, along with visual indicators in the form of graphs and charts, to facilitate decision making for the apex management and other stakeholders.

To achieve this objective, a special Taskforce, under the leadership of Secretary, MoP&NG, has been formed. This Taskforce comprises of the Chairpersons of various Oil & Gas PSUs (like Indian Oil, EIL, ONGC, GAIL, BPCL, HPCL) and Private Refiners. Engineers India Limited will be leading the development of this portal from concept to commissioning under the guidance of this task force.

The development of the portal is being monitored and reviewed regularly by the Honorable Minister of Petroleum & Natural Gas and Steel. During one such review meeting, held in the morning today, the Minister advised “The proposed portal should provide information on procurements made from Micro/Small Enterprises or from SC/ST/Women entrepreneurs”. He further emphasized “The need to develop the portal on a war footing basis to further the cause of a self-reliant India”.

READ  Google Cloud's sales face $5.6 billion annual loss in 2020 but jumped 50 per cent compared to 2019

“Our main purpose is to make our contractors dream big and contribute towards an AtmaNirbhar Bharat”, said Mr. Tarun Kapoor, Secretary, MoP&NG, during a separate webinar for Contractors of Oil & Gas PSUs held today. The Webinar highlighted the features of a dedicated Web Portal for the Vendors. 

Under the aegis of the Ministry of Petroleum & Natural Gas, Oil PSUs are regularly holding digital Vendor Meetings with the core theme of Localization. More such Vendor Meets shall be held in the coming months. This Oil PSUs-initiative that goes ‘Vocal for Local’ will open up a plethora of opportunities for the community of Indian suppliers.