Solar Energy Corporation of India (SECI) has barred Reliance Power and its subsidiary Reliance NU BESS from participating in ...
Solar Energy Corporation of India Ltd. has barred Anil Ambani's Reliance Power Ltd. and its subsidiaries from bidding in ...
Shares of Reliance Power Ltd fell by 5% on Friday (November 8, 2024) as the company and Reliance NU BESS Ltd have been ...
was not endorsed by the claimed foreign bank, labeling it as fraudulent. It also highlighted that since the subsidiary met ...
India's Reliance Power, a subsidiary of the Reliance Group, has announced that it will legally challenge a three-year ban by ...
Solar Energy Corporation of India Limited (SECI) said on Wednesday that it had banned, opens new tab Reliance Power and its ...
This debarment comes after SECI discovered that Reliance Power submitted fake bank guarantees during a recent bidding process. According to SECI’s statement, Reliance NU BESS Ltd., a subsidiary ...
In June of this year, the Reliance Power subsidiary filed a foreign bank guarantee as part of the procedure, accompanied by an email from the State Bank of India with the email address sbi.
The listed entity has zero bank debt, it noted. Recently, Reliance Power said Vidarbha Industries Power Limited (VIPL) has ceased to be a subsidiary and the entire obligations of Reliance Power as ...