India lets Chinese power equipment makers bid on critical projects
It would be valid for two years.
India has allowed four Chinese power equipment manufacturers with factories in the country to participate in government tenders for critical power projects, according to a Reuters report.
Citing a government order, the report said the companies included TBEA Energy, Nanjing Electric India, New Northeast Electric India and Taikai Electric (India).
India's power ministry had sought the exemption in January for entities with manufacturing units in India involved in critical power projects.
Since a 2020 border clash, New Delhi has required Chinese bidders to register with a government panel and secure political and security clearances before competing for any state contract.
The exemption would be valid for two years from the date of issuance and is not a precedent for other companies.