ANNOUNCED AS TEMPORARYNo
Under the new guidelines for the procurement for state or federal power projects, foreign manufacturers shall have to establish the manufacturing facility for the procured goods in India within a specified time frame and also ensure transfer of technology.
Foreign manufacturers and suppliers will also have to submit a performance certificate showing satisfactory operations of the product for more than 2 years. This certificate has to be from an end-user located in a country other than the manufacturing country.
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