TANGEDCO cancels energy deal with BGR Energy Systems

28 Apr 2021 CW Team

Chennai-based engineering services utility BGR Energy Systems told the media that Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has cancelled the Rs 4,442.75 crore contract for setting up the 660 MW Ennore Thermal Power Station and forfeited a Rs 5 crore deposit.

BGR Energy Systems had received the letter of intent (LOI) from TANGEDCO for the execution of 1x660 MW supercritical Ennore thermal power station expansion project under the engineering procurement and construction (EPC) mode for Rs 4,442.75 crore. The company told the media it has been notified by TANGEDCO that the LOI regarding the award of contract has been cancelled for non-submission bank guarantees for security deposit and performance bank guarantee by the company and consequential forfeiture of earnest money deposit (EMD) of Rs 5 crore.

BGR has moved the Madras High Court for quashing the said cancellation of LOI and consequent direction to accept bank guarantees as per Government of India instructions issued in the wake of the Covid-19 pandemic.

Image Source

Also Read: TANGEDCO cancels controversial Rs 1.3k cr coal import tender

Also Read: Fusion Fuel, BGR Energy to develop green hydrogen projects in India

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..