India has permitted four Chinese power equipment manufacturers to participate in government tenders for critical power projects in the country, according to a Reuters report on Friday, citing an order by India's Ministry of Finance dated June 24.
The four Chinese companies TBEA Energy, Nanjing Electric India, New Northeast Electric India, and Taikai Electric (India) have factories in India, the report said.
Since its clash with China over its northeastern border in 2020, India has mandated that Chinese bidders register with a government panel and acquire political and security clearances before competing for any government tender, according to the report.
According to the quoted order, the exemption is valid for two years and should not be treated as a precedent for other companies, Reuters wrote.
TBEA Energy, Nanjing Electric India, New Northeast Electric India, and Taikai Electric (India) did not immediately respond to' request for comment.
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