India's top clean energy agency weighs criminal proceedings against Reliance Power
India's top renewable energy agency has sent a notice to Anil Ambani-run Reliance Power, asking why it should not initiate criminal proceedings after a subsidiary of the power producer submitted fake documents for a bid,
Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid
Solar Energy Corporation of India Ltd (SECI) has sent a notice to Reliance Power after a subsidiary of the power firm submitted fake documents for a tender bid.
Reliance Power Under Scrutiny As SECI Alleges Submission Of Fake Bank Guarantees In Bids: Report
The Solar Energy Corporation of India (SECI) has issued a showcause notice to Reliance Power and its subsidiary, Reliance NU BESS Ltd., questioning why criminal action should not be initiated against them following the submission of allegedly fake bank guarantees (BGs) in recent tender bids,
Mumbai: SECI Issues Show Cause Notice To Reliance Power Over Alleged Fake Bank Guarantee Submission In Solar Bid
Mumbai: The national renewable energy agency Solar Energy Corporation of India Ltd. (SECI) issued notices to Reliance Power asking why it should not initiate criminal proceedings after a subsidiary of the Anil Ambani led power producer submitted fake documents for a bid.
SECI issues showcause to Reliance Power, considers criminal action
The Solar Energy Corporation of India (SECI) has issued a showcause notice to Anil Ambani-owned Reliance Power, asking why it should not take criminal action against the company for submitting “fake bank documents” through a bank that has no branch from where the documents supposedly originated.
SECI Issues Show Cause Notices to Reliance Power Over Allegations of Fake Bank Guarantees
SECI has issued show cause notices to Reliance Power for submitting fake bank guarantees, prompting potential criminal proceedings.
Fake guarantees: SECI issues notice to RPower
Renewable energy agency SECI has sent a show cause notice to Reliance Power, asking why criminal action not be taken against the company and its arm for submitting fake bank guarantees. Last week, Solar Energy Corporation of India barred Reliance Power and its arm from participating in its tenders.
SECI weighs criminal action against Reliance Power over fake bid documents
Last week, Solar Energy Corporation of India Ltd (SECI) barred the power firm from participating ... to secure the project capacity through fraudulent means," SECI said. Reliance Power did not immediately respond to a Reuters request seeking comment ...
Anil Ambani in MAJOR trouble as Reliance Power faces criminal charges, served show-cause notice for…
Notably, the setback for Anil Ambani-led Reliance Power came days after it posted a consolidated net profit of Rs 2,878.15 ...
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SECI's Crackdown on Reliance Power: Fraud Allegations Trigger Inquiry
It is a fictional representation created for illustrative purposes only. India's Solar Energy Corporation (SECI) has ...
PSU Solar bars R-Power, arms from contracts
India's Solar Energy Corporation of India (SECI) has banned Reliance Power and its subsidiaries from bidding on ...
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India Coal Giant Reliance Power Challenges Clean Energy Bidding Ban
India's Reliance Power, a subsidiary of the Reliance Group, has announced that it will legally challenge a three-year ban by ...