WBSEDCL cancels 250 MW BESS tender, withdraws award to PM Green
Author: PPD Team Date: March 26, 2026
Author: PPD Team Date: March 26, 2026
West Bengal State Electricity Distribution Company Limited (WBSEDCL) has annulled the tender for a 250 MW standalone battery energy storage system (BESS) at Goaltore and withdrawn the letter of award issued to PM Green Private Limited, a wholly owned subsidiary of Power Mech Projects Limited.
The letter of award, dated January 8, 2026, covered a 250 MW or 1,000 MWh standalone BESS project. The company informed stock exchanges that the annulment was due to administrative and procedural exigencies arising from circumstances beyond the control of both parties.
Power Mech stated that the cancellation was not linked to any default or non-compliance by the bidder. The bid security and performance bank guarantee submitted by its subsidiary have been released in full, without any deductions or forfeitures.
Following the annulment, the company’s order book will decline by Rs 1,563 crore.
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