TN Govt cancels tender awarded to Adani Energy

PTI

Chennai, Updated At : 04:04 AM Jan 02, 2025 IST

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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).

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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