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Reliance Power to legally challenge Indian clean energy agency's ban

By Economic Times - 2 weeks ago
Reliance Power is taking legal action against a three-year ban imposed by India's top renewable energy agency, SECI. SECI alleges Reliance Power submitted a fraudulent bank guarantee for a clean energy project bid. Reliance Power claims to be a victim of fraud and has filed a police complaint against the third party involved in arranging the bank guarantee.

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