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Domestic electronics makers welcome new domestic sourcing norms for power sector

Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding

BS Reporter  |  New Delhi 

The Indian Electrical & Electronics Manufacturers' Association (IEEMA), which is the representative body for the sector welcomed the new domestic procurement norm issued by the Central Electricity Authority (CEA). The norms announced last week prescribe, "Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding." The decision also emphasised, if any international competitive bidding is necessary then the quoted price has to be in India Rupees only. "This decision will go a long way to ...

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Domestic electronics makers welcome new domestic sourcing norms for power sector

Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding

Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding The Indian Electrical & Electronics Manufacturers' Association (IEEMA), which is the representative body for the sector welcomed the new domestic procurement norm issued by the Central Electricity Authority (CEA). The norms announced last week prescribe, "Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding." The decision also emphasised, if any international competitive bidding is necessary then the quoted price has to be in India Rupees only. "This decision will go a long way to ... image
Business Standard
177 22

Domestic electronics makers welcome new domestic sourcing norms for power sector

Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding

The Indian Electrical & Electronics Manufacturers' Association (IEEMA), which is the representative body for the sector welcomed the new domestic procurement norm issued by the Central Electricity Authority (CEA). The norms announced last week prescribe, "Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding." The decision also emphasised, if any international competitive bidding is necessary then the quoted price has to be in India Rupees only. "This decision will go a long way to ...

image
Business Standard
177 22