What are the expectations of power companies from #Budget2024?
Hear from Secure Meters' Sunil Singhvi.
Stay tuned for budget coverage: https://bit.ly/3Sn7gay
Hear from Secure Meters' Sunil Singhvi.
Stay tuned for budget coverage: https://bit.ly/3Sn7gay
Category
📺
TVTranscript
00:00 The industry has been requesting the government, instead of bank guarantee, if they can allow
00:07 bid bond, because a lot of members of sector are MSME and a lot of bank limits are blocked.
00:13 It has already started in the highway sector.
00:15 Government is positive about it and they want to move in this direction.
00:19 Another area is the QCBS, quality based buying, where the total cost of ownership for the
00:25 discount reduces rather than being L1 buying, that we have requested.
00:28 A lot of places where the inverted duty structure is there, we requested government to correct
00:33 it and also come out with a PLI scheme for the power sector, particularly like CRG, etc.
00:39 There is no capacity available in India, HVDC equipment.
00:41 [Music]