BGR Energy's TANTRANSCO Order Canceled: Legal Options Explored Amidst Delays

M
Moneycontrol•03-02-2026, 23:08
BGR Energy's TANTRANSCO Order Canceled: Legal Options Explored Amidst Delays
- •BGR Energy Systems Ltd's EPC contract with TANTRANSCO for a 230/110 kV AIS sub-station in Tirupattur has been canceled.
- •TANTRANSCO cited project delays, stating work was not completed within the stipulated timeframe by January 30, 2026.
- •Liquidated damages, cost of unused materials, and extra expenses for engaging another agency will be recovered from BGR Energy.
- •BGR Energy is reviewing the termination order and considering all legal options, stating no significant impact on current operations.
- •The company has faced similar issues, including a GST relief order and a contract termination from CMWSSB in September 2024.
Why It Matters: BGR Energy faces contract cancellation due to delays, exploring legal remedies while assuring minimal operational impact.
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