TAG: "Insurance Surety Bonds"

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MoP Pushes Insurance Surety Bonds as Alternative to Bank Guarantees Across Power Procurement

The Ministry of Power has directed states and utilities to accept Insurance Surety Bonds as an alternative to bank guarantees for bid and performance security across power procurement and BESS tenders.

Insurance Surety Bonds | April 08, 2026 | By Mrinmoy Dey 754

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