SECI bans Reliance Power for three years over fake documents in a clean energy project bid.

The Solar Energy Corporation of India (SECI) is considering criminal charges against Reliance Power after a subsidiary submitted fake documents in a bid. SECI has banned Reliance Power from participating in its clean energy projects for three years due to a fake bank guarantee. Reliance Power denies wrongdoing, accusing a third party of fraud, and has filed a police complaint. This incident occurs as India aims to boost its renewable energy capacity.

November 14, 2024
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