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1 GW Tender from NTPC Under Phase-II of CPSU Program Out

National Thermal Power Corporation Limited (NTPC) has finally released another tender for 1 GW of solar power under the CPSU program. This comes barely a week after the rfs request for 1 GW a week ago. The program was designed specifically to encourage domestic manufacturing, hence, all the supplies will need to be sourced domestically by winning bidders in the tender, or the domestic content requirement (DCR) as it is called. The CPSU program, by offering exposure to central public sector undertakings is considered a very high quality opportunity, and consequently, bids have come in on the lower range of prices so far.The bid submission deadline is July 15, 2019. Thus, this follows the July 2 deadline for the earlier 2 GW tender from SE.....

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