MNRE Reduces Performance Guarantee to 3% for Renewable Energy Tenders

EMD of 2% of the estimated project cost would continue for tenders after January 1, 2022

March 10, 2022

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The Ministry of New and Renewable Energy (MNRE) has reduced the performance security deposits to 3% of the contract value for all renewable tenders issued until March 31, 2023.

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Rakesh Ranjan

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MNRE Reduces Performance Guarantee to 3% for Renewable Energy Tenders

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