India Allows Four Chinese Companies with Indian Factories to Compete for Critical Power Projects

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 quoted order, the exemption is valid for two years and should not ​be treated as a precedent for other companies, TBEA Energy, Nanjing Electric India, New Northeast Electric India, and ​Taikai Electric (India) did not immediately respond to ' request for comment. Copyright ©.