Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

India or modify the rules prevent Chinese enterprises enter the power sector

Reported that the State Grid Corporation of China has officially taken action establish a base in India, India's power grid managers are now forced to consider amending the relevant provisions of the Indian power transmission business.
 
According to reports, as the world's largest power company in the 2011 Fortune Global 500 # 7 China's State Grid Corporation, has recently started a transmission connection projects in India to carry out a "preliminary check out the location work. The company also is by way of competitive bidding, bid another pathway project.

The relevant government personnel involved in the management of the Indian power grid, the current regulations in India allows foreign companies unfettered access to its strategic transmission field.
But now Chinese companies show interest "is prompting some people in India called for a retrial of this provision.
 
The report said that although most countries do not allow foreign players into its electricity network. But in India, where 100% foreign direct investment through the automatic channel access, including its field of power transmission. Some Spanish companies in the field exists.



Other News:
India or modify the rules prevent Chinese enterprises enter the power sector
Closure of some embassies and consulates in Slovenia in order to save money
Japanese media exposure Ozawa For the new set of forces and democracy since the
Fidel Castro son reportedly says father OK
Buffeted by debt crisis, EU wins Nobel Peace Prize
Introduction choice of grinding media skills
SAfrica: Striking truckers sign wage deal
War intensifies across Syria, refugee crisis deepens