SECI Lifts Debarment on Reliance Power
POWER & RENEWABLE ENERGY

SECI Lifts Debarment on Reliance Power

Solar Energy Corporation of India Limited (SECI) announced on Tuesday that it has withdrawn the debarment notice issued to Reliance Power, allowing the Anil Ambani-led firm to participate in future tenders. The notice, originally issued on November 6, had banned Reliance Power Ltd and Reliance NU BESS Ltd from SECI tenders for three years due to allegations of submitting "fake documents."

On November 13, SECI also issued a show cause notice to Reliance Power, questioning the submission of a fake bank guarantee by its unit and considering criminal proceedings.

In its latest statement, SECI clarified that the withdrawal of the debarment notice does not affect its right to take further actions as per the law. “Following the legal proceedings related to this matter, the debarment notice issued to Reliance Power Limited has been withdrawn with immediate effect,” SECI said.

The notice dated November 6 has been modified accordingly.

Reliance Power, in a stock exchange filing, confirmed that with the withdrawal of SECI’s debarment notice, “the Company and its subsidiaries, except Reliance NU BESS Limited (formerly known as Maharashtra Energy Generation Limited), are eligible to participate in all tenders issued by SECI.”

Solar Energy Corporation of India Limited (SECI) announced on Tuesday that it has withdrawn the debarment notice issued to Reliance Power, allowing the Anil Ambani-led firm to participate in future tenders. The notice, originally issued on November 6, had banned Reliance Power Ltd and Reliance NU BESS Ltd from SECI tenders for three years due to allegations of submitting fake documents. On November 13, SECI also issued a show cause notice to Reliance Power, questioning the submission of a fake bank guarantee by its unit and considering criminal proceedings. In its latest statement, SECI clarified that the withdrawal of the debarment notice does not affect its right to take further actions as per the law. “Following the legal proceedings related to this matter, the debarment notice issued to Reliance Power Limited has been withdrawn with immediate effect,” SECI said. The notice dated November 6 has been modified accordingly. Reliance Power, in a stock exchange filing, confirmed that with the withdrawal of SECI’s debarment notice, “the Company and its subsidiaries, except Reliance NU BESS Limited (formerly known as Maharashtra Energy Generation Limited), are eligible to participate in all tenders issued by SECI.”

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?