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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.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

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2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo4 g fa

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…

originale
thehindubusinessline.com4 g fa

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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Timeline cronologica

  1. giovedì 25 giugno 2026·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.

  2. giovedì 25 giugno 2026·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…

  3. giovedì 25 giugno 2026·thehindubusinessline.com

    Centre extends another bid deadline for Rare Earth Magnet scheme

    India extends the bid deadline for the ₹7,280 crore Rare Earth Magnet scheme to encourage global participation and enhance domestic production.

  4. giovedì 25 giugno 2026·economictimes.indiatimes.com

    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…