Govt puts more barriers for foreign power cos

NEW DELHI: India will bar non-local suppliers in bidding for contracts for supply of about 110 goods and services to power plants. The non-local suppliers are manufacturers with less than 20% local content. These tenders, in respect of which there is sufficient local capacity, will be open to only “class–I local suppliers” or those vendors who have more than 50% local content.The power ministry has issued public procurement order with separate