Financial Daily from THE HINDU group of publications
Friday, Feb 03, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Info-Tech - E-Governance


C1 enables e-tenders worth Rs 40,000 cr

Our Bureau

Hyderabad , Feb. 2

C1INDIA, which has provided the Andhra Pradesh Government an electronic procurement platform to handle tenders worth about Rs 40,000 crore till date, now wants to expand within the state and outside.

The President and Chief Operating Officer of C1 India, Mr Vivek Agarwal told Business Line that the Andhra Pradesh Government had saved a lot of money by eliminating middlemen and reducing process time.

"We held discussions with the Union Cabinet Secretary, who indicated that a similar system would be ideal for other states, suggesting that by 2007 all states could potentially deploy this," Mr Agarwal said.

Mr Agarwal said that about 6,000 suppliers were registered with the system and it covers procurement from more than 40 departments. Efforts are on to complete the electronic procurement process for three other major users — Road Transport Corporation, AP Transco and AP Genco.

Besides transparency, the system has brought down the tender time from 120 to 36 days with the tenders varying from Rs 45,000 to Rs 2,800 crore in the case of irrigation projects, he said. The best part is that anyone can register from any remote place to participate in the tender, he added.

Since its implementation, in 2003-2004 the platform had handled tenders worth about Rs 1,982 crore, followed by Rs 15,600 crore in 2004-2005.

"Downloading of tender is free, but when a bidder participates, he has to pay 0.04 per cent as transaction fee. At times we find it tough to get this," he said.

More Stories on : E-Governance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Sanjeev Aga to head COAI


GSM players' ARPU higher than CDMAs'
Hexaware Q4 net up 15 pc; to pay 30 pc final
Pentamedia Graphics net declines
Tanla Solutions Q3 net jumps
SEEC announces new facility in Hyderabad
TCS to run automated rural job scheme — Pilot project launched in AP; leakages can be plugged, says Ramadorai
RelQ Software plans to double headcount; plans $3-m expansion
Mascon to buy US, Singapore cos
Wipro signs deal with GM; eyes $300-million revenue
Avexus, Infospectrum tie up
PTC in pact with IBM
Quintegra sets up office in Malaysia
Paramount Computer to set up India centre
C1 enables e-tenders worth Rs 40,000 cr
Seminar on IT in SSI sector
BBC to telecast reality series on call centres
`Electronics growth to propel chip demand to $36.3 b, create 3.5 m jobs'
Sierra Senior V-P



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line