Chennai: The Tamil Nadu Power Distribution Corporation (TANGEDCO) has canceled a global tender for procuring smart meters, previously awarded to Adani Energy Solutions Ltd (AESL), citing the high cost quoted by the company.

Issued in August 2023 under the central government's revamped distribution sector scheme, the tender was divided into four packages. AESL, a BSE-listed company, emerged as the lowest bidder for Package 1, which involved installing over 82 lakh smart meters across eight districts, including Chennai.

On December 27, 2024, the Tamil Nadu government announced the cancellation of the tender for all four packages. While the cost factor was highlighted as the primary reason for rejecting AESL's bid, details regarding the cancellation of the other packages were not disclosed.

The decision comes amid ongoing allegations against Gautam Adani, the promoter of the Adani Group, accused of paying over USD 250 million (approximately Rs 2,100 crore) in bribes for favorable solar power contracts. Adani Group has denied the allegations, even as US prosecutors proceed with indictments in the case.

TANGEDCO is expected to reissue a tender for the smart meter project in the near future.

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Bengaluru: In a symbolic protest against the recent 15% hike in bus fares, BJP workers distributed roses to male bus passengers at Majestic bus stand on Friday, wearing masks of Chief Minister Siddaramaiah and Deputy CM D K Shivakumar. The protestors fell at the passengers’ feet, claiming to apologise on behalf of the Congress government for the fare increase.

The protest was led by BJP MLA R Ashoka, accompanied by Upper House counterpart Chalavadi Narayanaswamy, BJP MLC N Ravi Kumar, and other party leaders.

Ashoka criticised the government, alleging betrayal of pre-election promises. "We promised not to burden the public with increased prices or taxes. However, starting 2025, we have announced a 15% bus fare hike and plan to raise milk prices soon," Ashoka said.

Impersonating the Chief Minister, Ashoka sarcastically remarked, "People are happy with the decision to raise prices. My New Year's resolution is to increase prices further for the betterment of citizens' lives. We seek your forgiveness for having no other option."

Narayanaswamy called the Congress government "Nama Haako Sarkara" (a government of deceivers), accusing it of failing to uphold promises made ahead of the Assembly elections.