Anil Ambani’s company Reliance Power has suffered a big blow from Solar Energy Corporation of India i.e. SECI. SECI has barred Reliance Power from bidding in future tenders. After this ban, the company will now be prohibited from bidding in any tender for three years. This ban has been imposed due to fake documents being given by Reliance Power’s subsidiary company Reliance NU BESS Limited. This ban will be applicable on Reliance Power including its subsidiary companies. Actually, Reliance NU BESS Limited had given fake bank guarantee on behalf of the company. The company had presented this fake document in the previous bidding.
Source link
[ad_3]
