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Sunday, February 19, 2012

India: "In blow to China, Govt set to OK 19% duty on power equipment imports"

"The government is all set to impose up to 19 per cent tariff on imported power equipment with a clear aim to benefit domestic manufacturers who have lost out to cheaper Chinese equipment over the last few years. Also, a mandatory domestic procurement provision will be inserted in all future tenders for ultra mega power plants (UMPPs)."


from express india.....

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