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MNRE Increases Performance Bank Guarantee for Upcoming Renewable Tenders

The Ministry has also restored the earnest money deposit for future tenders

December 28, 2021

/ Rakesh Ranjan
/ Other, Renewable Energy
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The Ministry of New and Renewable Energy (MNRE) has reinstated the earnest money deposit (EMD) requirements and set it at 2% of the estimated project cost for upcoming renewable energy tenders.

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Rakesh Ranjan

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