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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 weighs criminal proceedings against Reliance Power over ‘fraud documents for bidding’: Report
Last week, SECI imposed a three-year ban on Reliance Power from participating in its clean energy project tenders after discovering that one of its units had submitted a counterfeit foreign bank guarantee.
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.
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.
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 state-owned Solar Energy Corporation of India Limited
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 in hot water as SECI weighs criminal action over fake documents
Reliance Power, run by Anil Ambani, faces criminal investigation after a subsidiary submitted fake bank guarantees for a clean energy bid. SECI has also imposed a three-year ban on the firm.
2h
on MSN
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 ...
14h
on MSN
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 ...
Reuters on MSN
7d
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 ...
Press Trust of India on MSN
6d
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 ...
Mint
1h
Reliance Infrastructure Q2 Results: Anil Ambani-led infra major posts net profit of ₹4,082.5 crore on low expenses
Reliance
Infrastructure Ltd (RInfra ... RInfra is engaged in the business of providing Engineering and Construction (E&C) services for
power
, roads, metro rail and other infrastructure sectors.
3d
on MSN
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 ...
6d
on MSN
Top Stocks To Watch Out For November 8: Wipro, INOX, Reliance Power & Others In Focus
Market Outlook 8th Nov 2024 The Nifty Index opened flat and sharply fell in the first hour and was followed by a ...
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