Industry welcomes move to aid underutilised domestic manufacturing facility

By admin June 21, 2016 3:50 pm IST

Indian Electrical & Electronics Manufacturers’ Association (IEEMA) welcomed the new domestic procurement norm by Central Electricity
  Authority, according to which, any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding.
IEEMA President, Babu Babel said, “We at IEEMA are delighted and welcome this landmark decision of CEA. This decision will go a long way to address the underutilisation of existing manufacturing facilities of domestic electrical equipment manufacturers. The decision will also address the concern of large scale penetration of foreign equipment in the sensitive power sector”.

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