Basant Goyal

Background

About Basant Goyal

A seasoned procurement leader with an experience of 23+ years with proven track record of driving procurement transformation, optimizing global sourcing strategies, and delivering substantial savings. With deep expertise across Energy, Engineering, Construction, and manufacturing sectors. I specialize in digital procurement, risk mitigation, cost engineering, and supply chain optimization across global markets. Dynamic and result-driven Procurement & Supply Chain Leader with over 15 years of progressive experience at Apraava Energy. Proven expertise in leading strategic sourcing and supply chain operations across diverse categories—Fuel (Coal, Biomass, HSD), Bulk Chemicals & Minerals, MRO, Plant machinery & Spares, Services Contracts, Large EPC and Special Projects. I developed strategies of Scrap and Byproducts (Fly Ash, Gypsum) selling, set benchmark across industry and within organisation, achieved highest revenue since inception, 100% ash and gypsum sale and zero ash in dyke, get recognised and awarded for notifying achievements. The current mission emphasizes sustainability and innovation within procurement, leveraging competencies in vendor management and data analysis to deliver impactful results. By fostering collaboration and empowering teams, the function consistently supports long-term growth and value creation in the energy sector. • Achieved exceptional cost savings through long-term fuel and high value raw material and consumable sourcing strategies. More than 10% cost reduction in 2024 and 2025 on previous O&M and AMC contracts OEM spares sourcing and prices and savings of multimillion ₹. • Championed automation of procurement workflows, enhancing customer satisfaction and operational integrity. • Mentoring high-performing teams across procurement, contracts, and warehousing, enhancing turnaround ratio, 100%compliance with ESG governance and fostering a culture of collaboration and innovation. • Successfully implemented ERP systems, S-2-P tools, automating processes and improving operational efficiency and cost savings. • Championed initiatives to strengthen safety culture and active employee engagement in CSR and community volunteering. • I Led Apraava’s participation in the CII-EXIM Bank Award for Business Excellence 2024, securing the prestigious Platinum Award. • Achieved over 95% localization despite the plant’s dependency on imported equipment. Driven by integrity, business ethics, and Apraava’s core values, I bring strong commercial acumen, strategic foresight, and a commitment to responsible procurement and ESG governance.