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.
This story is from the January 01, 2025 edition of Hindustan Times Uttarakhand.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 01, 2025 edition of Hindustan Times Uttarakhand.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Rohit and Virat still have the hunger, says Gambhir
No one in the team will say it, but they are all surely thinking it.
Lebrun brothers, the French connection in Thakkar's rise
Manav Thakkar, India's No.2 male paddler, noticed how the Lebrun brothers, the French siblings who have taken the table tennis world by storm, would \"invent stuff\" after training sessions even as the others would wind down.
Diallo Earns Manchester United Deserved Draw at Liverpool
Amad Diallo struck a late equaliser as Manchester United made a mockery of their recent form to hold Premier League leaders Liverpool to a thrilling 2-2 draw at Anfield on Sunday.
HIL route to making India return
Many sidelined from the national squad have bounced back via the league, Rohidas being a shining example
Shooter Saurabh rediscovers his touch at Nationals
For five years from 2018, Saurabh Chaudhary would hold his Morini pistol so steady and shoot with such precision that it was assumed the prodigiously talented youngster would win an Olympic medal for India.
EU polls may delay FTA talks
Upcoming elections in several European Union (EU) member-states, including Germany, Romania, and Croatia, are expected to delay India's plans to finalize the free trade agreement (FTA) with the 27-nation bloc, two people aware of the matter said.
SBI Steps Up Heat With Large Collateral-Free Study Loans
India's largest lender State Bank of India (SBI) has begun offering collateral-free study loans of up to ₹50 lakh for students heading out to top foreign universities, entering an arena dominated by top private lenders.
Guj, Andhra, Delhi Shine As Key Performers In Logistics
Gujarat, Andhra Pradesh, and Delhi have been identified as leading performers in India's logistics sector, according to a new report.
Foxconn Sees Record Revenue on AI Demand
Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.
Central loans for state capex set to get easier
Govt may relax some of the reforms conditions to raise capex, growth
