Mercom Insider

PGCIL Reduces Bank Guarantee for its Power Transmission Projects from 10% to 3%

This new rule will apply to all power transmission tenders and contracts of PGCIL issued by December 31, 2021

December 10, 2020

/ Rakesh Ranjan
/ Grid, Market & Policy
thumbnail

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


The Power Grid Corporation of India Limited (PGCIL), a government-owned company engaged mainly in the transmission of Power, has issued new performance security guidelines.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Rakesh Ranjan

More articles from Rakesh Ranjan.
contract performance guaranteeEMDMinistry of FinancePBGPOWERGRID
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS