Contract Performance Guarantee for Power Transmission Projects Reduced by Over 60%

The reduced performance guarantee will also apply to tenders issued until December 31, 2021

March 26, 2021

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

The Ministry of Power has reduced the contract performance guarantee for tariff-based competitive bidding transmission projects by more than 60%.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already a subscriber? Sign In

Rakesh Ranjan