Reliance Power shares fell 5% to hit the lower circuit of ₹41.47 on November 8 after the Solar Energy Corporation of India ...

SEC said the endorsement of the bank guarantee against earnest money deposit, issued by a foreign bank, was fake. The tender was finally cancelled ...

The Solar Energy Corporation of India Ltd. (SECI) has banned Reliance Power Ltd., owned by Anil Ambani, along with its subsidiaries, from participating in SECI tenders for the next three years.

Solar Energy Corporation of India has barred Anil Ambani's Reliance Power and its subsidiaries from bidding in future tenders for three years after it was found to have submitted fake bank guarantees.

New Delhi: What can be termed as a piece of good news for Anil Ambani, Rosa Power Supply Company Limited (Rosa Power), a subsidiary of Reliance Power Limited (Reliance Power), on Wednesday prepaid Rs.

Anil Ambani's Reliance Power Ltd. and its subsidiaries have been prohibited from participating in any future tenders by Solar Energy Corporation of India Ltd. for a period of three years following ...

The resurgence of Reliance Power and Reliance Infrastructure showcases a new era of growth and stability for Anil Ambani's ...

The Rs 485 crore payment followed a separate prepayment of Rs 833 crore to Varde Partners in September. Rosa Power operates a 1,200 MW coal-based thermal power plant in Rosa village near Uttar Pradesh ...

In response to the SECI order, Ambani-led Reliance Power has clarified that the company and its subsidiaries acted bonafidely ...