Use of Insurance Surety Bonds in Power Project Bids
Planned · India · Last reported Apr 2026
Source: Mercomindia.com
The Ministry of Finance has permitted the use of insurance surety bonds as an alternative to bank guarantees for both bid and performance security under the standard bidding guidelines for power projects.
- Status
- Prospective
- Sector
- Power Generation (CCGT), Government
- Location
- India
- Updated
- 22 Jul 2026
- Source
- Mercomindia.com
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Ministry of Finance has permitted the use of insurance surety bonds as an alternative to bank guarantees for both bid and performance security under the standard bidding guidelines for power projects. |
Original sector | Energy |
Location
Country | India |
Source
Source | Mercomindia.com |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Government |
Article published date | 2026-05-08 |
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