TANTRANSCO Terminates BGR Energy's EPC Contract for Substation Project Due to Delays
POWER GRIDS & TRANSMISSION
TANTRANSCO has terminated its EPC contract with BGR Energy Systems for a 230/110 KV substation project in Tirupattur due to delays and non-completion. The termination order, issued on January 30, 2026, allows TANTRANSCO to pursue liquidated damages and other costs, while BGR Energy is assessing its legal options but reports no significant operational impact. BGR Energy's shares rose by 2.23% to ₹332.70 on February 3, following a recent tax liability reduction.

Feb 4, 2026, 10:22 AM