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TN Govt cancels tender awarded to Adani Energy

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The Tamil Nadu Power Distribution Corporation has cancelled a global tender floated for procuring smart meters, citing the high cost quoted by Adani Energy Solutions Ltd (AESL).

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The tenders were floated as in August 2023 for providing the smart meters under the Central Government’s revamped distribution sector scheme.

AESL, a BSE-listed firm was the lowest bidder for package 1 of the tender covering eight districts, including Chennai, and involved installation of over 82 lakh smart meters, a source said.

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