Power Ministry phases HVDC local-content rules to 2035
→HVDC bid teams must meet phased local-content floors
Change
India's Power Ministry revised High Voltage Direct Current (HVDC) substation procurement rules — phased Minimum Local Content floors replace the prior uniform 60% threshold, effective April 30.
Why it matters
HVDC Engineering, Procurement and Construction (EPC) and turnkey bids now follow four staged MLC thresholds: 30% until March 2028, rising to 60% from April 2032. Non-compliant bids are disqualified at tender evaluation — not flagged for correction.
Implications
- → 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.
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Source
View on Economic Times