This policy document lays down the broad guide lines to be followed in the procurement of equipments,  materials and services for the company. The main intent of this document is to permit centralised policy  making and decentralized execution and administration with a view to achieve the company’s goals in most  efficient and effective manner.

 The main objective of this policy is to ensure procurement of the required equipments, materials, works and  services in right quality at the right time and at the right and reasonable price after giving fair and equal  opportunities to Tenderers subject to the policy guide lines laid down herein so as to obtain the optimum  value for each unit of expenditure. It is utmost important to keep in mind that transparency is maintained  while buying materials / engaging contractors.