Bangladesh opens transformer tenders to international bidders

Bangladesh, Dhaka: According to the decision by the Government of Bangladesh, international bidders are now allowed to participate in domestic tenders to supply transformers for the country’s power sector, reports UNB.

The decision, made at a meeting of the Cabinet Committee on Public Purchase this week, will make around 40 percent of the supply of transformers opened for international companies.

It is expected that this will decrease the cost of transformers and facilitate more competition among local and foreign bidders.

Source: United News of Bangladesh