(SECI) has issued a showcause notice to Anil Ambani-owned Reliance Power (RPower), seeking an explanation as to why criminal action should not be taken against the company for submitting "fake bank documents" through a bank that has no branch from which the documents originated.
"It is hereby intimated that SECI has issued showcause notices to the entities, namely Reliance Power and Reliance NU BESS, seeking an explanation as to why SECI should not initiate criminal proceedings against them, in view of the fraudulent and forged actions," said the agency in a public notice dated November 13. SECI operates under the aegis of the Ministry of New and Renewable Energy.
This follows SECI's recent decision to bar RPower from participating in any of its future tenders for three years after the company submitted a fake document for a tender issued by the state-run entity in June this year.
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Denne historien er fra November 15, 2024-utgaven av Business Standard.
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