Tamil Nadu cancels tender linked to Adani Group

Chennai, 31/12: Tamil Nadu Generation and Distribution Company (TANGEDCO) has cancelled its global tender for installation of smart electricity meters in which the Adani Group emerged as the lowest bidder for one of the four packages.

Sources said though Adani Energy Solutions Limited (AESL) emerged as the lowest bidder for installing 82 lakh smart meters in eight districts, including Chennai, Tiruvallur, and Chengalpattu, TANGEDCO felt that the price quoted by the company .