Page 52 - Apraava Energy Report_01-73

52 Energy in action

Apraava Energy’s Action Plan

Resort to procurement
Endeavour to Explore secondary from indigenous
Identify critical items maintain sufficient sources suppliers for such
stock levels critical items
where possible

Apraava Energy’s preference is to source locally and we transactions to expedite ‘procurement turnaround
have endeavoured building long-term market driven times.' Similarly, measures have been put in place to
partnerships with local vendors. Apraava Energy has reduce paper consumption.
been conducting quarterly risk assessments for strategic
tier one non-fuel suppliers. The key risks evaluated are
lack of competent manpower, Human Resource
compliances, adherence to Apraava Energy’s HSSE Apraava Energy's non-fuel purchases
guidelines, support on spares supply and expert services from domestic sources v/s imports during
for overhauls/emergencies. Risk mitigation plans are FY 2020-21 (Purchase Order cost basis)
developed to address such identified risks to ensure
business continuity and sustainability within the
supply chain. Import 1%

Apraava Energy conducts periodic meetings with suppliers
to discuss mitigation plans and to explore opportunities Domestic 99%
for further improvement. We also review processes for
improvements periodically. Pursuant to this process, SOPs # All coal procurement for JPL was from subsidiaries
are revisited and updated for low value procurement of Coal India Limited (CIL).

The key risks identified are lack of competent manpower, Human

Resource compliances, adherence to Apraava Energy’s HSSE
guidelines, support on spares supply and expert services for

overhauls/emergencies.