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

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

The Ministry of Power has reduced the contract performance guarantee for tariff-based competitive bidding transmission projects by more than 60%. The contract performance guarantee will now be charged at the ...
/ / Grid, T&D
PGCIL Reduces Bank Guarantee for its Power Transmission Projects from 10% to 3%

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

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. According to the existing guidelines, the ...
/ / Grid, Market & Policy
Tata Power Seeks to Procure 150 MW of Non-Solar Renewable Power on a Short-Term Basis

Tata Power Seeks to Procure 150 MW of Non-Solar Renewable Power on a Short-Term Basis

Tata Power-Delhi Distribution Limited (TPDDL) has issued a request for proposal (RfP) for procuring up to 150 MW of renewable (non-solar) power on a short-term basis for meeting its renewable ...
/ / Grid, Tenders & Auctions