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India reserves 110 power plant equipment, services for local companies

India reserves 110 power plant equipment, services for local companies
India reserves 110 power plant equipment, services for local companies
The power ministry’s July 2 order has put in place an effective ban on imports from prior-reference countries like China and Pakistan, which require permission.

SynopsisThe ministry’s latest order dated July 28 mandates that tenders for these 110 equipment and works can be awarded only to local companies with high localisation. The equipment includes transformers, switch gears, cables and insulators, which are imported in large numbers in India despite available local capacity.

NEW DELHI: India will bar non-local suppliers in bidding for contracts for supply of about 110 goods and services to power plants. The non-local suppliers are manufacturers with less than 20% local content. These tenders, in respect of which there is sufficient local capacity, will be open to only “class–I local suppliers” or those vendors who have more than 50% local content.The power ministry has issued public procurement order with separate
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