High price: TN cancels tender to Adani Group
Hindustan Times Punjab|January 01, 2025
Adani Group firm emerged as the lowest bidder for tender, floated for installing 8.2 million smart meters in eight districts
HT Correspondent

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.

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