Neepco and Oil India give bidders more time to fill in RFPs

30 May 2013

Indian state-owned groups North Eastern Electric Power Corp and Oil India are giving lenders more time to respond to their requests for proposals.

Neepco has extended the deadline for RFPs for a $100m loan from May 27 to June 11, according to a banker.

The state-owned power supplier held a pre-bid meeting with banks on May 15 in New Delhi to provide more information to prospective bidders, since the deal is ...

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