Prayas Chakravorty
HoD Contracts & Procurement at Directorate General of Hydrocarbons under MOPNG- Claim this Profile
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English Full professional proficiency
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Hindi Professional working proficiency
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Assamese Native or bilingual proficiency
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Bengali Professional working proficiency
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Bio
Experience
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Directorate General of Hydrocarbons under MOPNG
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India
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Oil and Gas
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100 - 200 Employee
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HoD Contracts & Procurement
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Jan 2020 - Present
• Responsible for management of contracts including approvals, risk assessment, change orders, resolution of contract administration issues through appropriate negotiations & complying statutory provisions, opex & capex procurement for operational requirement across the organization.• Working with Ministry of Petroleum & Natural Gas for India E&P Vision 2035, and in the areas of policy framing, marketing & pricing reforms. • Leading cross functional team for framing of contract & execution strategy to final hiring of service provider for digitization and upgradation of National Data Repository (NDR).• Member Oversight Committee for e-Auction of Natural Gas.• Experience in Indian O&G policies, regulations/regulators, upstream project management and benchmarking of operations.• Supporting MoPNG and other ministries in execution of reform/development agenda like Make in India (MII), Purchase Preference Linked with Local Content (PPLC), Domestically Manufactured Iron & Steel Products (DMI&SP) • Build successful team through gap identification and competency development in specific areas. Show less
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Sr. Manager (Contracts & Procurement)
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Aug 2017 - Dec 2019
• Sourced direct and indirect spend- IT infrastructure, consumables and capital expenditure (Capex), services of INR 500 Cr annually• Led multiple cross functional teams for hiring of HR services, consultants, facilities management, event management, marketing services and regional plant procurements • Provided structured inputs in development of policies and SOPs for SCM and responsible for adhering to the policy guidelines.• Provided senior level support to category & operation team in global strategy implementation, sourcing, negotiation, discussion and recommendations; partnered with regional stakeholders for key vendor review (strategic & operational)• Led multiple cross functional teams for management of LSTK & EPCM contracts Show less
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Oil India Limited :: A Navratna Company
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India
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Oil and Gas
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400 - 500 Employee
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Manager Global Procurement
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Mar 2016 - Aug 2017
• Led a team of 12 for finalizing contract strategy, preparation of tender document covering all legal and commercial aspects, framing of special conditions of contracts, carrying out negotiations, and award. • Steered capital expenditures (Capex) entailing preparation of strategies, risk assessments, tendering, e-procurement in SAP, reverse auction, bid evaluations and supplier negotiations. • Developed sourcing plans, sourced direct and indirect spend-chemicals, IT, corporate services, and capex of INR 1000 Cr annually. • Led multiple cross functional teams for LSTK & EPC contracts. • Provided senior level support to category & operation team in global strategy implementation, partnered with regional stakeholders for key vendor review (strategic & operational). • Spearheaded analysis of supply markets & conceptualized strategies for risk mitigation. • Structured process for enlistment of quality vendors and enhanced vendor base by 10% YoY. • Developed policies and procedures for contracts and purchase. • Drove cross functional decisions for effective operations and achieving desired outcomes in execution of projects within time & cost. Show less
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Oil India Limited :: A Navratna Company
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India
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Oil and Gas
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400 - 500 Employee
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Incharge- Import Logistics
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May 2010 - Apr 2015
• Managed imports of around INR 350 Cr per year covering engagement of freight forwarder, customs clearance, and dispatch of consignments after clearance through road and rail to different operation sites.• Responsible for overseas supplier payment by establishing Letter of Credits, and steered initiatives for mitigating currency risk in imports in coordination with corporate treasury thereby leading to cost savings.• Managed 3PL contracts like air cargo consolidation, multi-modal transportation and CHA engagements etc. and ensured meeting of SLAs.• Developed and implemented policies on Logistics Service Provider contracts; ensured compliance with Legal and Risk Management requirements.• Reduced Allocation to Delivery Lead Time from ~2 to ~1 month for Import Shipments• Contained logistics spend increase to <5% against ~10% market increase.• Introduced flexible warehousing in port areas.• Liaised with government agencies such as DGCA, DGFT, AAI, Customs, Railways, Tax authorities etc. and resolved regulatory issues for successfully carrying out imports. Show less
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Stores/Purchase Officer
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Feb 2007 - May 2010
Managed inventory planning of around 7000 stock items with responsibility for availability as per operations plan Managed receipt of entire purchase at operations headquarters and delivery to respective warehouseEnsured adherence to store SOPs, conducted regular audits, stock verification and complied with all legal requirements / licenses for the warehouse
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Brahmaputra Valley Fertilizer Corporation Limited
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India
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Chemical Manufacturing
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1 - 100 Employee
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Assistant Engineer
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Sep 2002 - Feb 2007
• Worked in several LSTK executions under total INR 900 Cr project; gained in depth knowledge in application of contracting principles, contract structures, commercial terms and conditions under EPCC, open book and cost reimbursable structures. • Formulated, established and administered plant purchasing procedures consistent with established corporate policies and procedures, sourced MRO items. • Administered maintenance operations budgets. • Developed local vendors for executing maintenance jobs of process equipment in Ammonia, Utility and Captive Power Plants. Show less
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Education
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Indian Institute of Management, Ahmedabad
MBA, PGPX Class of 2016 -
Institute of Management Technology, Ghaziabad
Post Graduate Diploma in Materials & Supply Chain Management -
Assam Engineering College
BE, Mechanical Engineering -
K V Namrup
10+2, Science