Breaking NewsIndian Beehive

Govt invites EoI for manufacturing zone for power & RE sector

The Ministry of Power has solicited expressions of interest for building up a manufacturing zone on a pilot basis for the power and renewable energy sectors with a budgetary allocation of Rs 400 crore over a five-year period in order to support the Aatmanirbhar Bharat programme. The Ministry has already issued directives to carry out a project to establish a manufacturing zone for the electricity and renewable energy sectors on a trial basis, with a financial cost of Rs 400 crore spread over five years.

“This is the Central Sector Scheme and the duration of the scheme is five years from FY 2022-23 to FY 2026-27,” the ministry said.

The deadline to submit Expressions of Interest is June 8, 2022. The EOI process authority, according to the ministry, has selected a single-stage EOI method for selecting the winning proposer.

“Each proposer is required to submit a single proposal. All proposals are required to be prepared and submitted in accordance with the terms of this EOI on or before the proposal due date,” it said.

 

 

Related Articles

Back to top button