Delhi HC stays SECI ban on Reliance Power

Reliance Power shares in focus after relief from High Court on SECI notice
Shares of Anil Ambani-led Reliance Power jumped 3.5% to their day’s high of Rs 37.74 on the BSE on Wednesday as the company got relief from the Delhi High Court granting a stay on SECI notice of debarment against the company.
Delhi High Court stays Seci order barring Reliance Power from renewable energy bids
On 6 November, Seci had barred Reliance Power and its subsidiary Reliance NU BESS from participating in tenders floated by the state-run entity for three years for submitting allegedly fake documents to win a contract.
Delhi HC stays SECI ban on Reliance Power from bidding for projects
The Delhi High Court halted a ban imposed by SECI on Reliance Power and its subsidiaries from bidding on projects. SECI alleged Reliance submitted a fake bank guarantee from a non-existent FirstRand Bank branch in Manila. Reliance argued they weren't given ...
Reliance Power Under Scrutiny As SECI Alleges Submission Of Fake Bank Guarantees In Bids: Report
The Solar Energy Corporation of India (SECI) has issued a showcause notice to Reliance Power and its subsidiary, Reliance NU BESS Ltd., questioning why criminal action should not be initiated against them following the submission of allegedly fake bank guarantees (BGs) in recent tender bids,
Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid
Solar Energy Corporation of India Ltd (SECI) has sent a notice to Reliance Power after a subsidiary of the power firm submitted fake documents for a tender bid.
Delhi High Court stays SECI debarment of Reliance Power over fake bank guarantee
The Delhi High Court on Tuesday stayed a communication issued by Solar Energy Corporation of India (SECI) debarring Anil Ambani-owned Reliance Power Limited fro
HC Stays SECI Bar on Reliance Power in Clean Energy Auction
The Delhi High Court has stayed SECI's decision to bar Reliance Power from clean energy auctions for three years over a fake bank guarantee allegation.
Delhi HC Stays SECI’s 3-Year Ban on Reliance Power
The exception to this ruling applies to Reliance NU BESS Limited (formerly Maharashtra Energy Generation Limited), as clarified by the court.
Delhi High Court grants stay on SECI's debarment notice against Reliance Power; shares zoom
Reliance Power said on Tuesday that the Delhi High Court has granted a stay on Solar Energy Corporation of India's notice of debarment against it, including all its subsidiaries, except Reliance NU BESS (formerly known as Maharashtra Energy Generation Ltd).
Relief To Anil Ambani! Delhi High Court Halts SECI’s 3-Year Ban On Reliance Power
The Delhi High Court has stayed SECI's three-year debarment of Reliance Power over allegations of a fake bank guarantee in a battery storage tender. SECI claimed the guarantee was issued by a non-existent bank branch.
Delhi High Court stays SECI order barring Reliance Power from RE bids
Delhi High Court grants stay on SECI's debarment notice against Reliance Power, barring it from future tenders.
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Reliance Power Consolidated September 2024 Net Sales at Rs 1,759.81 crore, down 14.25% Y-o-Y
- Per. of shares (as a % of the total sh. of prom. and promoter group)----- - Per. of shares (as a % of the total Share Cap. of the company)----- Advisory Alert: It has come to our attention that ...
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Largest FDI by An Indian Pvt Co. in Bhutan: Reliance Power to Develop Large-Scale Solar & Hydro Power Projects
Anil Ambani's Reliance Power has partnered with the Government of Bhutan to develop large-scale solar and hydro power ...
Reliance Power, Angel One to Muthoot Finance: Mutual Fund completely exited these Indian shares last month
Reliance Power, Angel One to Muthoot Finance were among the 17 stocks that Mutual Fund have completely exited during last ...