The renewable energy implementing agency (REIA) in a notice on Wednesday said that Reliance Power submitted a fake bank guarantee in the SECI tender for setting up of 1,000 megawatt (MW)/ 2,000 ...

Shares of Reliance Power Ltd fell by 5% on Friday (November 8, 2024) as the company and Reliance NU BESS Ltd have been debarred from participating in Solar Energy Corporation of India Ltd (SECI ...

Nov 7 (Reuters) - India's Reliance Power (RPOL.NS), opens new tab said on Thursday that it will legally challenge a three-year ban by the country's top renewable energy agency from participating ...

(Reuters) - India's Reliance Power said on Thursday that it will legally challenge a three-year ban by the country's top renewable energy agency from participating in its clean energy project tenders.

Ahead of its quarterly results, Reliance Power Ltd is in focus today after a subsidiary Rosa Power Supply Company Limited (Rosa Power), prepaid Rs 485 crore loan to Singapore-based lender Varde ...

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 (SECI ...

(MENAFN- IANS) Mumbai, Nov 8 (IANS) Shares of Anil Ambani-led Reliance Power on Friday hit the lower circuit of 5 per cent at Rs 41.58 after the Solar energy Corporation of India (SECI) debarred ...

An Indian state agency has banned Reliance Power from clean energy tenders for three years after finding it had used a fraudulent bank guarantee in a bidding process, with the developer now alleging ...

The Solar Energy Corporation of India Ltd. (SECI) has banned Reliance Power Ltd., owned by Anil Ambani, along with its subsidiaries, from participating in SECI tenders for the next three years.

Solar Energy Corporation of India has barred Anil Ambani's Reliance Power and its subsidiaries from bidding in future tenders for three years after it was found to have submitted fake bank guarantees.

Following this, the tender process was finally cancelled. Reliance Power, in its response, said in an exchange filing that the company and its subsidiaries "acted bonafidely and have been a victim ...

Anil Ambani’s fortunes are witnessing a dramatic revival as Reliance Power wealth surged in recent times. This significant milestone reflects growing investor confidence in his companies.