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World Bank debars Chinese electrical equipment firm over fraud on Zambia project

The debarment is part of a settlement under which the company acknowledged responsibility for failing to disclose a conflict of interest and other “sanctionable practices,” and agreed to carry out remedial actions, the bank said in a statement WASHINGTON: The World Bank on Wednesday said China-based Liaoning-EFACEC Electrical Equipment Company Limited (LEEEC) would be ineligible […]

Public Procurement to Provide for Purchase Preference in Respect of RE Sector

Government blacklists Chinese solar gear company after failing to honour contract

This is the first time that the ministry is considering such a step (blacklisting a company) against a foreign solar equipment supplier. BENGALURU: India plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. […]

Public Procurement to Provide for Purchase Preference in Respect of RE Sector