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

This new rule will apply to all power transmission tenders and contracts of PGCIL issued by December 31, 2021

December 10, 2020

/ Rakesh Ranjan
/ Grid, Market & Policy
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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.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
contract performance guaranteeEMDMinistry of FinancePBGPOWERGRID
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