When a top renewable energy company set out to establish a groundbreaking 20 TPD CBG plant in Rajahmundry, Andhra Pradesh, they knew the journey would be ambitious yet challenging. The project required extensive civil works, including constructing numerous tanks and buildings. The real challenge was finding a vendor to deliver high-quality work within tight deadlines, using slip-form and conventional shuttering techniques to install 10 to 12 tanks. This is the story of how they overcame the odds and pushed the boundaries of renewable energy innovation.
Challenges
The project presented several complexities:
- Vendor capability: Identifying vendors capable of constructing 6 digestor tanks and 6 other RCC tanks within the stimulated project timelines.
- Construction method: Selecting a vendor proficient in slip-form and conventional shuttering techniques.
- Quality and timeline alignment: Aligning vendor capabilities with stringent PQR requirements.
Vendor Attributes
To ensure project success, ideal vendors possessed the following qualifications:
- Financial stability: Have a minimum annual turnover of ₹ 20 crores.
- Technical capability: Proven experience in constructing digesters with slip-form technology for leak-proof digester tanks.
- Local expertise: Ability to rapidly mobilize and execute the project in Rajahmundry.
- Batch Production: The vendor should own and operate a batching plant.
Venwiz Solution For CBG plant
Venwiz employed a strategic approach to overcome these challenges:
- Comprehensive Vendor Database: We leveraged our extensive database to identify a pool of qualified vendors.
- Rigorous Evaluation: We conducted a thorough assessment of each vendor’s technical and financial capabilities, compliance history, and client feedback.Additionally, we thoroughly evaluated their current resources, including machinery, equipment, and manpower to assess their ability to complete the project.
- Comparative Analysis: Venwiz performed a detailed comparison of vendor proposals to identify cost-effective and innovative solutions.
- Efficient Shortlisting: We narrowed down the vendor pool to four highly qualified options within just two days.
Venwiz’s Proven Impact: 30% Time Savings and 300+ Man-Hours Saved
Venwiz’s intervention yielded significant benefits for the client:
- Accelerated Project Timeline: Reduced the overall project timeline by 30% through efficient vendor selection and mobilization.
- Enhanced Resource Efficiency: Saved over 300 man-hours for the project and procurement teams by streamlining the vendor selection process.
- Cost efficiency and vendor optimization: We achieved cost efficiency by identifying vendors that met the client’s technical requirements and offered competitive pricing.
By providing a comprehensive and data-driven vendor evaluation, Venwiz enabled the client to successfully execute the Bio-CNG plant project within the desired timeframe and budget.
This case study showcases Venwiz’s commitment to excellence in capital expenditure (capex) procurement. We partner with clients to help them achieve their business goals. Register or log in to our platform for all your capex procurement requirements.
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