UP govt cancels smart meter tenders of Adani, GMR group companies
Two Uttar Pradesh power distribution companies (discoms) have cancelled the bids of Adani and GMR group companies to supply smart meters under the state’s Rs 25,000-crore road map.
The discoms — Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam — have cancelled the tenders without citing any reasons.
Adani and GMR group companies were the lowest bidders with offers worth about Rs 7,000 crore and Rs 9,000 crore for respective tenders. Adani and GMR group firms are not smart meter manufacturers themselves.
In February, sister discom Madhyanchal Vidyut Vitran Nigam (MVVNL) had cancelled its smart bidding, wherein Adani Group was the lowest bidder for the supply of about 7.5 million smart meters. The MVVNL bid was to the tune of Rs 5,400 crore.
