SECI weighs criminal proceedings against Reliance Power

Renewable energy agency SECI has sent a showcause notice to Reliance Power, asking why a criminal action should not be taken against the company and its arm for submitting fake bank guarantees. Last ...
SECI has issued showcause notices to Reliance Power and its arm for submitting fake bank guarantees in bids, potentially ...
Last week, Solar Energy Corporation of India Ltd (SECI) barred the power firm from participating in its clean energy ...
The show-cause notice comes a week after the SECI barred the Anil Ambani-led power firm, along with its subsidiaries, from submitting bids in future tenders for providing a "fake endorsement" for ...
Reliance Power and its subsidiary Reliance NU BESS Limited have been banned from participating in SECI tenders for 3 years ...
SECI detected the irregularities only after the bidding was done, forcing it to cancel the tender at an advanced stage ...
Solar Energy Corporation of India Ltd. has barred Anil Ambani's Reliance Power Ltd. and its subsidiaries from bidding in ...