Bulletin Updates

Price escalation allowed only for steel for 220 kV GIS-based substation system: Broader volatility ignored – 26 May 2025

May 26, 2025

While the tender includes a steel-linked escalation clause, bidders have raised concerns about excluding equipment like transformers, cables, and switchgears.

The bid deadline has been extended, allowing contractors to reassess their pricing strategy in light of rigid commercial terms and extensive risk pass-through to bidders.

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