Global Procurement Consultants Limited (GPCL), promoted by Export-Import Bank of India, is a unique instance of a viable public private partnership model that has a demonstrated track record of providing effectively the collective Indian experience and expertise in the field of project related advisory services. GPCL synthesizes Indian consultancy expertise in project management and procurement across varied sectors of the economy including finance, infrastructure, energy, transportation, communication, information technology, industry, agriculture, mining, water resources, health and education. It is a matter of great satisfaction that GPCL, operating through its core staff - along with its team of specialists/ experts, its associates as also its shareholders, representing a mix of public and private sector organizations - has created an effective platform for sharing of experience in a partnership mode.
GPCL provides technical assistance in enhancing quality, transparency, efficiency and effectiveness of procurement and project implementation services to help attain desired institutional and corporate objectives. GPCL's services span all stages of the procurement cycle covering procurement advice, procurement management, procurement review, performance review, provision of support services, valuation exercises, financial advisory services and procurement governance. GPCL also contributes to the strengthening of institutional capacity for effective project implementation and for overall corporate governance. GPCL thus assists funding and implementing agencies by offering them a comprehensive range of advisory services, with particular focus on procurement.
GPCL has undertaken a number of assignments, in India and numerous countries abroad, directly for multilateral funding agencies or in projects funded by them. GPCL has also worked closely with reputed institutions in imparting training for Borrowers and Implementing Agencies of multilateral funded projects. GPCL's acknowledged depth of understanding of procurement policies, guidelines and operating practices of multilateral funding agencies and its wide ranging experience are brought to bear on the varied assignments that it undertakes.
GPCL has handled successfully challenging assignments in nearly 30 countries across the world. During the year, several assignments focusing on procurement review, functioning as a procurement monitoring agency, provision of advisory services, training and capacity building have been completed successfully. After another year of satisfactory performance, against the original paid-up capital of Rs.10 million, the reserves stood at Rs. 38.54 million, as on March 31, 2011.
GPCL is well poised to broaden and strengthen its range of activities covering overall project management consultancy, capacity building, functioning as a lender's engineer, and to re-position itself to achieve a higher trajectory of growth.
T. C. A. Ranganathan
20th June 2011