Neetesh Asati

About Neetesh Asati

To work for an organization which provides me the opportunity to improve my skills and knowledge to growth along with the organization objective.

Experience

1. Assistant Manager- Procurement & Contracts

   Hindustan Power

   Feb 2025 — Present · New Delhi, IN

   Handling and Negotiating Procurement & O&M Service Contracts for 2X625 MW Thermal Power Plant.• Finalized Annual Maintenance Contract for plant maintenance of value INR 6.2 Cr.• Finalized Service and Supply order for Plant Annual Overhaul of value INR 35 Cr.• Review of Tenders, Contracts, Order Finalization and approvals.• Preparation of Instruction to Bidder and Tender Document.• Negotiation with vendor based on Internal Costing and Total cost of ownership concept.• RFP preparation, Bid evaluation, Negotiation with Vendor, Conducing Auctions.• PO issuance as per approved NFA and Tracking of Material till receipt and Acceptance at stores.• Procurement of Spares on ARC and Spot basis in line with Organization policies.• Finalizing the Service Contract for Technical consultant and Service for plant operations.• Follow-ups with Vendors for Bank Guarantees and submission to Finance. • MIS and Monthly review of Complete Techno Commercial function with buyers.• Reconciliation of all Holds claims, Variations, LC, ABG and final Contract Closure.• Indigenization of spares Through Reverse Engineering.• Improved Supplier Relationships Through Regular Communication and Collaboration, enhancing overall service quality.• Tracked purchase orders and followed up with vendors and carriers to support timely deliveries.• Monitored Pricing Trends and Negotiated Pricing to optimize Profitability.• Developing, Implementation and Monitoring of Procurement Policy and SOP.

Education

• Saraswati Shishu Mandir

  5 to 10

  2004 — 2010

• Saraswati Institute of Engineering & Technology, Tripuri Ward, Jabalpur

  Diploma, Mechanical Engineering

  2013 — 2016