Kumari Palany & Co

E-Tendering process in TANGEDCO and TANTRASCO introduced

Posted on: 20/Jan/2017 1:34:20 PM
Electricity Board is functioning in Tamil Nadu under three heads viz Tamil Nadu Electricity Board, Tamil Nadu Transmission Corporation Ltd (TANTRANSCO)  and Tamil Nadu Generation and Distribution Corporation Ltd  (TANGEDCO).
 
Tamil Nadu Transmission Corporation Ltd (TANTRANSCO) and Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO) are floating large numbers of tenders and entrusting the works to private contractors. Since there are lots of interferences from the politicians, some of the important tenders are being given to their close associates. In view of the foregoing there are various complaints regarding this.
 
In order to bring transparency to this system, it has  been  decided to  adopt  e-Tendering process in TANGEDCO and TANTRASCO with effect from 20-01-2017. The contractors who want to quote for tenders should do it online. There is no fess for this.
 
MSTC Ltd provides an online platform to TANGEDCO for conducting of online bidding process and shall not be party to contract between TANGEDCO and its successful bidders subsequent to bidding process. The service charges to MSTC Ltd for providing such e-tendering platform shall be paid by the TANGEDCO at the rate of 0.5 percent of the accepted tender value or Rs.5.00 lakhs, whichever is less.
 
For queries related to registration and online bidding (MSTC), contractors can contact N Shanmugam, V Ganesamurthy and Santhosh Kumar at 91763 97264, 91766 16410, 88846 00700 respectively.