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TANGEDCO cancels EPC contract for 660 MW plant awarded to BGR Energy Systems

The company has moved the High Court of Madras for quashing the said cancellation of LOI and consequent direction to accept bank guarantees as per Government of India instructions. New Delhi: BGR Energy Systems on Monday said Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has cancelled the contract of Rs 4,442,75 crore for setting up […]

APTEL Affirms Wind Power Companies’ Right to Exit PPAs Amid Contract Disputes – EQ