The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has issued a show cause notice to BGR Energy Systems Limited, citing project delay and breach of contracts. As per the recent policy document released by the energy department, the project’s total revised value stands at ₹6,381 crore, with a completion deadline set for 2024-25.
TANGEDCO, the state-owned power generation and distribution company, took this step as BGR Energy Systems failed to complete the project within the given time frame. The show cause notice aims to address the delay and breach of contracts by the company.
The project in question, which involves the construction of a power plant, is crucial for Tamil Nadu’s energy requirements. To ensure uninterrupted power supply to the state, completing the project in a timely manner is of utmost importance.
The energy department’s policy document emphasizes the significance of this project and sets clear expectations for its completion. With a revised project value of ₹6,381 crore, it serves as a reminder of the substantial investment involved.
TANGEDCO’s decision to issue a show cause notice to BGR Energy Systems signals its commitment to timely project delivery and adherence to contractual obligations. By holding the company accountable for the delay and breach, TANGEDCO aims to ensure the project’s successful completion.
The notice serves as a wake-up call for BGR Energy Systems, urging them to address the issues causing the delay and fulfill their contractual responsibilities. If the company fails to provide a satisfactory response, further actions may be taken by TANGEDCO to rectify the situation.
As the completion deadline for the project approaches, stakeholders are eagerly waiting for BGR Energy Systems’ response to the show cause notice. The energy department and TANGEDCO are determined to see this crucial project through, as it plays a vital role in meeting Tamil Nadu’s energy demands.