Shyam Indus Power Solutions Procurement Engineer Salaries by 6 Employees

0 - 4 years exp.

₹2.3 Lakhs - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Procurement Engineer Salary in Power Companies for 0 - 4 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹2.8 L/yr
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Research & Development Procurement Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Shyam Indus Power Solutions for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
L&T Power Procurement Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.6 L/yr - ₹8.5 L/yr 116% more
ReNew Procurement Engineer Salary 1 - 8 years exp. (9 salaries)	₹4.2 L/yr - ₹7 L/yr 119% more	1 job opening
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Siemens Gamesa Renewable Power Private Limited Procurement Engineer Salary 3 - 7 years exp. (6 salaries)	₹6.1 L/yr - ₹7 L/yr 154% more
Siemens Energy Procurement Engineer Salary 0 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹5.7 L/yr 113% more
Vestas Procurement Engineer Salary 6 - 9 years exp. (5 salaries)	₹6.9 L/yr - ₹8.3 L/yr 198% more
Steag Energy Services Procurement Engineer Salary 1 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹5 L/yr 51% more
Jakson Group Procurement Engineer Salary 1 year exp. (3 salaries)	₹3.8 L/yr - ₹5 L/yr 69% more
GE Vernova T&D India Procurement Engineer Salary 1 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹2.6 L/yr 6% less

Procurement Engineer salary at Shyam Indus Power Solutions ranges between ₹2.3 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Shyam Indus Power Solutions.

Experience wise Shyam Indus Power Solutions Procurement Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Shyam Indus Power Solutions

Project Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹5.95 L/yr

Executive Engineer Salary

(5 salaries)

₹2.8 L/yr - ₹3.5 L/yr

Procurement Executive Salary

(13 salaries)

₹2.52 L/yr - ₹4.5 L/yr

Senior Engineer Salary

(16 salaries)

₹2.6 L/yr - ₹5.52 L/yr

Junior Engineer Salary

(5 salaries)

₹2 L/yr - ₹3 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Purchase Executive Salary

(5 salaries)

₹2.1 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(4 salaries)

₹6.45 L/yr - ₹13.15 L/yr

SAP MM Consultant Salary

(6 salaries)

₹1.8 L/yr - ₹7.2 L/yr

Salary related reviews for Shyam Indus Power Solutions

3.0

Rated by 1 employees for salary & benefits

Safety Officer in New Delhi

Full Time

Environment Health & Safety Department

1.0

• posted on 20 Jun 2024

1.0

for Salary and Benefits

Likes

Company provides average accommodation

Dislikes

Inadequate safety management system & just superficial approach to safety protocols, they have been delays in salary payment, stretching up to three months. HR polices are virtually non-existence. Opportunity for growth with in company are scarce. favouritism in management is prevalent.

Salary - Bad

+6 more

Executive in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 25 Oct 2021

2.0

for Salary and Benefits

Likes

3 year

Skill development - Good

+1 more

Dislikes

...company at time of covid .the company without any information left the employee. the company has deducted the salary. i request to the new person join the company only learning purpose.

Salary - Poor

+1 more

Civil Engineer in New Delhi

Full Time

Construction & Site Engineering Department

3.0

• posted on 16 Aug 2020

3.0

for Salary and Benefits

Likes

Sips are good company. Teammates are supportive company policy are good,good salary hike and bonus every year

Dislikes

The company bed luck for one year. Bonus hold, no salary timely, staff chatni,no job security

Project Engineer - Civil in Gurgaon / Gurugram

Contractual

Construction & Site Engineering Department

1.0

• posted on 22 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing is there for like just nothing.

Dislikes

...yee I must say that shyam indus a worst company i have ever seen or experienced. Who are watching this please dont join that company , they are not paying the salary in time. After 3 month salary will come but only one month salary. They will not provide the insurance , provident fund for employees which a govt policy while shyam indus power is an ISO certified company. @Govt and @labour commission should take action against this company. The management are worst , they dont have any professionalism , they didnt care about field or construction workers. Some management & field level employees have no prior knowledge and experience to run the business or work. They are just destroying the company . All 4/5 stars are fake in here. I repeat please dont join here , either your career will be drown.

Salary - Bad

+6 more

Overhead Equipment Engineer in Gurgaon / Gurugram

Full Time

Construction & Site Engineering Department

2.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

if anyone wants to learn about the railway work then only this company will be preferable otherwise it is worst company

Skill development - Excellent

Dislikes

there is no fix time of working and salary gets incremented only after nov month , means if you joined in january 2021 then you have to work on same salary until the november 2022.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shyam Indus Power Solutions Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Shyam Indus Power Solutions ?

The average salary of a Procurement Engineer at Shyam Indus Power Solutions in India typically ranges from ₹2.3 Lakhs to ₹2.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Procurement Engineer at Shyam Indus Power Solutions earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Procurement Engineer Salaries at Shyam Indus Power Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Shyam Indus Power Solutions employees in India.

What is the estimated take home salary of a Procurement Engineer at Shyam Indus Power Solutions in India?

The estimated take-home salary of a Procurement Engineer at Shyam Indus Power Solutions in India typically ranges from ₹17,638 to ₹19,337 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Shyam Indus Power Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shyam Indus Power Solutions for Procurement Engineer in India?

Vestas	₹6.9 Lakhs to ₹8.3 Lakhs per year
Siemens Gamesa Renewable Power Private Limited	₹6.1 Lakhs to ₹7.0 Lakhs per year
ReNew	₹4.2 Lakhs to ₹7.0 Lakhs per year
L&T Power	₹3.6 Lakhs to ₹8.5 Lakhs per year
Siemens Energy	₹3.6 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shyam Indus Power Solutions, depending on the role and experience level.

What is the salary of a Procurement Engineer in companies similar to Shyam Indus Power Solutions in India?

The salary of a Procurement Engineer at companies similar to Shyam Indus Power Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jakson Group	₹3.8 Lakhs to ₹5.0 Lakhs per year
Steag Energy Services	₹3.2 Lakhs to ₹5.0 Lakhs per year
GE Vernova T&D India	₹2.3 Lakhs to ₹2.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Procurement Engineer at Shyam Indus Power Solutions in India?

The salary growth for a Procurement Engineer at Shyam Indus Power Solutions depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at Shyam Indus Power Solutions:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Shyam Indus Power Solutions Procurement Engineer Salaries

Shyam Indus Power Solutions Procurement Engineer salary in India ranges between ₹2.3 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shyam Indus Power Solutions latest salaries received from various employees of Shyam Indus Power Solutions.