New norms may hit infrastructure work
The Hindu
Officials’ powers to decide on tenders revised
Tangedco, facing a huge revenue deficit of around ₹1,500 to ₹2,000 crore a month, recently revised the financial powers of electricity officials to ensure prudence.
However, the officials said the new tender powers would create problems and delay in executing electricity infrastructure projects in the city.
Tangedco recently issued a circular drastically revising the financial powers for taking up work at substations, installing transformers and procuring materials and services.
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