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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.
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.
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.
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.
9h
BIG trouble for Anil Ambani, criminal charges against his Rs 14422 crore company over...
Last week, SECI barred Reliance Power and its arm Reliance NU BESS from participating in its tenders for three years.
Hosted on MSN
7h
Anil Ambani in MAJOR trouble as Reliance Power faces criminal charges, served show-cause notice for...
In a major setback to Reliance Group Chairman
Anil
Ambani
, India's clean energy agency SECI has slapped a show-cause ...
6d
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 ...
7d
Anil Ambani suffers major setback, his company banned for 3 years due to...
SECI, a government-owned company, has barred Anil Ambani's Reliance Power Ltd. and its subsidiaries from bidding in future ...
Business Standard
13h
SECI weighs criminal action against Reliance Power over fake bid documents
Last week, the
company
said that it would legally challenge SECI's ban ... up from the current installed capacity of about ...
Mint
6h
Reliance Infrastructure Q2 Results: Anil Ambani-led infra major posts net profit of ₹4,082.5 crore on low expenses
It had clocked ₹294.04 crore net loss during the July-September period of the preceding 2023-24 fiscal, the
company
said in a regulatory filing. Exceptional gains of ₹3,575.27 crore, including gain ...
India.com on MSN
8d
Anil Ambani bounces back, another Reliance company becomes debt-free, prepays Rs 4850000000 crore to..
Rosa Power, operates a 1,200 MW coal-based thermal power plant in Rosa village near Shahjahanpur, Uttar Pradesh.
english.mathrubhumi
7d
SECI bars Anil Ambani’s Reliance Power for 3 years: Here's why
Reliance Power and its subsidiary Reliance NU BESS Limited have been banned from participating in SECI tenders for 3 years ...
ndtvprofit
7d
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 ...
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