TN govt cancels smart meter tender awarded to Adani Energy Solutions

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TN govt cancels smart meter tender awarded to Adani Energy Solutions - PTI News Dated:- 1-1-2025 PTI - News - TN govt cancels smart meter tender awarded to Adani Energy Solutions - - - Dated:- 1-1-2025 - Chennai, Jan 1 (PTI) 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ). The tenders were floated as four packages 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. The tender was cancelled on December 27, 2024, as t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he cost quoted by AESL was reportedly higher. A re-tender is likely to be floated. Tenders for three other packages were also cancelled, he said without divulging further details. The government's move comes in the wake of the controversy surrounding industrialist Gautam Adani, promoter of the Adani Group over allegations of being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bribe to Indian officials in exchange of favourable terms for solar power contracts. US prosecutors had indicted Adani and some others in connection with the matter. The company has refuted the allegations. PTI JSP VIJ SA SA ROH - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax - News - Press release - PIB Tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X