Madras HC refuses to interfere with TANGEDCO tenders
The Madras High Court has refused to interfere with the tender process initiated by the state-run power utility, Tangedco in July this year.
The first bench of Chief Justice M N Bhandari and Justice N Mala on Wednesday upheld the tender process and conditions while dismissing a writ petition from S Kannappan, an AIADMK functionary in Mettur.
The petitioner has challenged the tender notice mainly with regard to the condition of earnest money deposit (EMD), which is said to be more than 1 per cent of the total value of the work, as it was in violation of Rule 14 of the Tamil Nadu Transparency in Tenders Rules 2000.
