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The Economic Times

Economy / The Economic Times

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India allows 4 China-linked firms to bid for power projects

India has granted a two-year exemption to four China-linked power equipment manufacturers with local factories, allowing them to bid on critical government infrastructure projects. This move aims to address equipment needs for India's massive transmission network expansion, crucial for meeting rising electricity demand and integrating renewables. The decision follows a power ministry proposal and comes amid concerns from domestic players about increased competition.

4 Jul 2026 5:30 am