India Tightens Local Content Rules For HVDC
The Ministry of Power has issued an order modifying previous mandates for High Voltage Direct Current (HVDC) technology. The new provision implements a phased localization plan to increase domestic value addition requirements.
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Developing
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Sources · 7 independent
Bluesky Social
“The Ministry of Power Tightens Local Content Rules for #HVDC, Rolls Out Phased Localisation Plan The order adds a provision that modifies the earlier mandate of achieving up to 60% domestic value add”
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