SECI weighs criminal proceedings against Reliance Power

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,
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 Notice to Reliance Power for Fake Bank Guarantee
SECI has issued showcause notices to Reliance Power and its arm for submitting fake bank guarantees in bids, potentially leading to criminal action.
Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice
Reliance Power shares fell 5% to hit the lower circuit of ₹41.47 on November 8 after the Solar Energy Corporation of India barred the company and its subsidiary from SECI tenders for three years.
SECI bars Reliance Power from bidding for RE projects 3 years
Solar Energy Corporation of India (SECI) has barred Reliance Power and its subsidiary Reliance NU BESS from participating in tenders floated by the state-run entity for 3 years.
SECI Bars Anil Ambani's Reliance Power For Three Years
Solar Energy Corporation of India Ltd. has barred Anil Ambani's Reliance Power Ltd. and its subsidiaries from bidding in future tenders for three years.
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.
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
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 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 ...
Reuters on MSN7d
Reliance Power to legally challenge Indian clean energy agency's ban
Nov 7 (Reuters) - India's Reliance Power (RPOL.NS), opens new tab said on Thursday that it will legally challenge a three ...
Reliance Power posts Rs 2,878 crore net profit in July-Sept quarter
Reliance Power has posted a consolidated net profit of Rs 2,878.15 crore in the July-September quarter of this financial year ...
Press Trust of India on MSN7d
Reliance Power shares drop 5%; hit lower circuit limit
Shares of Reliance Power Ltd fell by 5% on Friday (November 8, 2024) as the company and Reliance NU BESS Ltd have been ...
Nuclear power reliance grows despite hurdles and setbacks
Japan has entered a new era of nuclear power generation, as the country's oldest reactor in operation surpassed 50 years of ...
Britain’s wind power falls to virtually zero as Miliband prepares to cut reliance on gas
Britain’s wind generation is set to plummet to virtually zero this week as Ed Miliband presses ahead with plans to increase ...