New Delhi, March 31 -- National Grid UK Ltd has outlined plans to spend up to $400 million to establish a tech facility in India, joining several global companies setting up back-end centres in the country even as the war in West Asia threatens power supply.
The energy company, among the 10 largest utilities in the UK, first floated a tender on 15 December last year, inviting bids to set up a global capability centre (GCC) in India, according to two people privy to the development and tender documents reviewed by Mint.
The company is "looking for a supplier to establish, grow and deliver engineering services capability at pace during the Build & Operate phase", read the tender.
It aims to start work on the facility next year and finish...
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