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India’s Reliance Power, a subsidiary of the Reliance Group, has announced that it will legally challenge a three-year ban by state-owned Solar Energy Corporation of India Limited (SECI) from participating in its clean energy project tenders. According to SECI, Reliance Power, a coal power generator, was banned after its endorsement of a bank guarantee was found to be fake…
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India Coal Giant Reliance Power Challenges Clean Energy Bidding Ban
India’s Reliance Power, a subsidiary of the Reliance Group, has announced that it will legally challenge a three-year ban by state-owned Solar Energy Corporation of India Limited (SECI) from participating in its clean energy project tenders. According to SECI, Reliance Power, a coal power generator, was banned after its endorsement of a bank guarantee was