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Petronet LNG Limited

About the Online Procurement Project

C1 India provided Petronet LNG Limited, a leading company in energy sector with e-procurement solution.As is widely known, Petronet LNG Limited is one of the fastest growing world-class companies in the Indian energy sector. It wanted to procure Marine Diesel Fuel DMB Bunker 500 MT in volume of ISO 8217:1996.

Petronet LNG Limited wanted to select the vendor for procurement of Marine Diesel Fuel DMB Bunker of 500 MT. It needed centralized procurement system for getting better competitive prices by through online negotiations. The company used C1 India’s award winning e-Auction engine to invite bids from sellers.

The Result

Team C1 India managed the complete e-Auction drive. Apart from reducing the turnaround time and driving transparency & efficiency, the MIS report validated 3.6% savings on opening price for our esteemed client.

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