CHENNAI: The Tamil Nadu government's power generation and distribution PSU, Tengedco, has cancelled the global tender for installation of smart meters after negotiations with the lowest bidder Adani Energy Solutions Ltd (AESL) to reduce price failed, officials aware of the matter said on Tuesday.
The Adani Group firm had emerged as the lowest bidder for one of the four packages of the tender, floated in August 2023, for installing 8.2 million smart meters in eight districts, including Chennai, Tiruvallur and Chengalpattu, a Tamil Nadu generation and distribution company (Tangedco) official said.
"The price quoted by the company was high. So, we decided to cancel the tender process after negotiations with the company to reduce the price failed," the official said, requesting anonymity.
"The price quoted to Tangedco was higher than ₹120 per meter per month which has been offered to other states like Andhra Pradesh."
On December 28, the PSU also cancelled the tenders for the other three packages floated in August 2023 citing "administrative reasons". "The tenders will be floated again soon," the official said.
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هذه القصة مأخوذة من طبعة January 01, 2025 من Hindustan Times Bengaluru.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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