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Govt extends deadline for bids under Rs 7,280-crore rare earth magnet scheme
Industry demands have prompted the Ministry of Heavy Industries to extend the bidding deadline for its rare earth permanent magnet incentive scheme by a month to July 29. This crucial initiative, with a ₹7,280 crore outlay, aims to build 6,000 Metric Tons Per Annum of integrated manufacturing capacity for these vital magnets. Technical bids will now be evaluated on July 30.
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thehindubusinessline.com
Centre extends ₹7,280-crore rare earth magnet tender by a month as industry seeks more time
The Centre extends the ₹7,280-crore rare earth magnet tender deadline to July 29, addressing industry concerns over technology and feedstock.
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economictimes.indiatimes.com
Government extends deadline for rare earth magnet manufacturing tender
The Ministry of Heavy Industries has extended by one month the deadline for the global tender under Indias rare earth permanent magnet incentive scheme, following requests from…
