Prashant Gupta
IIM- I | Strategic Sourcing | Contracts Administration
- Role
- Manager- Contracts and Procurement at Torrent Power
- Location
- New Delhi, IN
- LinkedIn followers
- 500 followers
About Prashant Gupta
Hello! I am Prashant Gupta, a seasoned professional with over 18 years of experience in contract management, procurement operations, and project management, primarily within the power, energy, and utility sectors. My journey has been marked by a commitment to excellence and a passion for optimizing supply chain processes. Currently, I lead the Contracts and Procurement team at Torrent Power, where I manage a talented group of 12 professionals, ensuring efficient procurement operations and effective contract management. Throughout my career, I have developed extensive expertise in supply chain management and procurement strategies, focusing on process optimization and cycle time reduction. I take pride in my ability to manage the entire project lifecycle, from conceptualization to delivery, while adhering to high standards of efficiency and resource utilization. My key achievements include implementing a standardized procurement process that resulted in significant cost savings and establishing centralized contract management practices that enhance operational efficiency. Key Achievements- Implemented a standardized procurement process at Torrent Power, generating cost savings of INR 2.10 million in FY 20••••19- Finalized contracts worth INR 20 billion while leading a team across multiple Discoms- Achieved INR 40 million in savings through strategic negotiations at Tata Power- Successfully negotiated contracts worth USD 20 million at Q-Chem, Qatar.
Experience
Manager- Contracts and Procurement
Aug 2024 — Present · Ahmedabad, IN
Education
Indian Institute of Management, Indore
Master of Management Studies
2024 — 2026
Onkar Nath Dhwan
Schooling (10th - 12th)
1999 — 2001
Indira Gandhi National Open University
Master in Business Adminstration
2009 — 2012
Meerut Institute of Engineering and Technology(MIET)
B-Tech
2002 — 2006
National Institute of Construction Management & Research (NICMAR)
Executive Development Program
2011 — 2012
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