STOCKWATCH
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Civil Construction
Deals3 Aug 2024, 10:35 pm

BGR Energy Systems Ltd. Receives Termination Notice from TANTRANSCO for Thiruvanmiyur 230 kV GIS Project

AI Summary

BGR Energy Systems Ltd. has received a termination notice from TANTRANSCO for the Thiruvanmiyur 230 kV GIS Project (EPX-0388). The project, which involved civil works, pre-commissioning of MVA Power Transformer, cable laying, and integration of SCADA, was largely completed. The termination notice was received on 3rd August 2024 at 11:52 am. According to the company, there is no material impact on its financials, operations, or other activities due to this termination.

Key Highlights

  • BGR Energy Systems Ltd. received a termination notice from TANTRANSCO for the Thiruvanmiyur 230 kV GIS Project (EPX-0388).
  • The project involved civil works, pre-commissioning of MVA Power Transformer, cable laying, and integration of SCADA, and was largely completed.
  • The termination notice was received on 3rd August 2024 at 11:52 am.
  • BGR Energy Systems Ltd. stated that there is no material impact on its financials, operations, or other activities due to this termination.
BGRENERGY
Civil Construction
BGR ENERGY SYSTEMS LTD.

Price Impact