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India allows four Chinese-linked power equipment firms to bid for government projects – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

India allows four Chinese-linked power equipment firms to bid for government projects

India allows four Chinese-linked power equipment firms to bid for government projects

Reuters reported ‌in January that India was ​examining broader relaxations on Chinese bidders for government contracts ⁠as border tensions ease. File.
| Photo Credit: Reuters

 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 government order.

TBEA Energy, Nanjing Electric India, New Northeast Electric India ‌and Taikai Electric (India) will be allowed to participate in ‌the tenders, the order ‌from ⁠Ministry of Finance ⁠dated June 24, 2026 and reviewed by Reuters said.

Union Ministry of Power had sought the ​exemption in January for ‌entities with manufacturing units in India involved in critical power projects, the document said.

Reuters reported ‌in January that India was ​examining broader relaxations on Chinese bidders for government contracts ⁠as border tensions ease.

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 comes as India accelerates ‌expansion of its transmission network to ​support rising electricity demand and renewable energy additions.

The order said ⁠the exemption would be valid for ⁠two years from the date of issuance and should ‌not be treated as a precedent for other companies.

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