WBSEDCL annulled the 250 MW/1000 MWh Battery Energy Storage System tender at Goaltore, cancelling PM Green Pvt Ltd's LoA.
The annulment was due to administrative/procedural exigencies; no default or non-compliance attributed to the bidder.
Power Mech Projects' order book will be reduced by ₹1,563 crores consequent to this cancellation.