HC stays Seci order barring Reliance Power from bids
Mint Mumbai|November 27, 2024
State-run firm barred Anil Ambani company for allegedly submitting fake bank guarantee
Rituraj Baruah
HC stays Seci order barring Reliance Power from bids

The Delhi High Court has granted a stay on Solar Energy Corporation of India's (Seci's) notice barring Reliance Power and its subsidiaries, except for Reliance NU BESS, formerly known as Maharashtra Energy Generation Limited.

On 6 November, Solar Energy Corporation of India had barred Reliance Power and its subsidiary Reliance NU BESS from participating in tenders floated by the state-run entity for three years.

The ban was in response to the submission of allegedly fake documents by the Anil Ambani companies in a tender released by Solar Energy Corporation of India in June, which sought bids for a 1,000 MW/2000 MWh standalone battery energy storage systems (BESS) project.

Following this, the tender process was cancelled.

Reliance Power said in a regulatory filing that it had challenged Solar Energy Corporation of India's notice of debarment in the Delhi High Court.

هذه القصة مأخوذة من طبعة November 27, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 27, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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