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Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender

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07 Nov 2024 04:38 AM 1.35k views

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender

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#anil-ambani

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

New Jersey panel urges statewide school cellphone bans for students

Social media vetting could disrupt US student visa process

Crafting Your Perfect Skincare Routine: Tailored Tips for Every Skin Type and Concern

Viral video shows ICE agents chasing food delivery worker in downtown Chicago

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Obesity at Cancer Diagnosis Reduces Survival Rates in Children: Study

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Young Minds to Tackle Global Challenges at Innovation Showcase in San Francisco

Small Business Owners Struggling to Fill Jobs Amid Labor Shortages

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New Jersey panel urges statewide school cellphone bans for students

Social media vetting could disrupt US student visa process

Crafting Your Perfect Skincare Routine: Tailored Tips for Every Skin Type and Concern

Viral video shows ICE agents chasing food delivery worker in downtown Chicago

Australian Woman Reunited With Lost iPad In Ohio After Viral Post

Obesity at Cancer Diagnosis Reduces Survival Rates in Children: Study

Public Reaction to Jagan’s Controversial Tenali Visit

Young Minds to Tackle Global Challenges at Innovation Showcase in San Francisco

Small Business Owners Struggling to Fill Jobs Amid Labor Shortages

Shah Rukh Khan makes historic Met Gala 2025 debut with Global Stars

#anil-ambani

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

New Jersey panel urges statewide school cellphone bans for students

Social media vetting could disrupt US student visa process

Crafting Your Perfect Skincare Routine: Tailored Tips for Every Skin Type and Concern

Viral video shows ICE agents chasing food delivery worker in downtown Chicago

Australian Woman Reunited With Lost iPad In Ohio After Viral Post

Obesity at Cancer Diagnosis Reduces Survival Rates in Children: Study

Public Reaction to Jagan’s Controversial Tenali Visit

Young Minds to Tackle Global Challenges at Innovation Showcase in San Francisco

Small Business Owners Struggling to Fill Jobs Amid Labor Shortages

Shah Rukh Khan makes historic Met Gala 2025 debut with Global Stars

Popular Cities