Power Ministry phases HVDC local-content rules to 2035
HVDC bid teams must meet phased local-content floors
- — HVDC EPC bid teams must price bids against the applicable MLC phase — non-compliant sourcing disqualifies the bid at tender evaluation.
- — Power procurement teams must reissue tender evaluation controls against the revised phase thresholds — tenders evaluated on old thresholds are non-compliant instruments.
- — HVDC equipment suppliers must map component sourcing before each phase gate — insufficient domestic content blocks bid eligibility at submission.
- — HVDC EPC and turnkey bid teams
- — Power-sector procurement teams
- — HVDC equipment suppliers
- — Phase change: April 1, 2028 — MLC floor rises from 30% to 40%
- — Phase change: April 1, 2030 — MLC floor rises from 40% to 50%
- — Phase change: April 1, 2032 — MLC floor rises from 50% to 60%
- — Phase end: March 31, 2035 — 60% MLC phase closes