SECI responds to criticism, allows bidders to voluntarily reduce ...
2 days ago · SECI addresses criticism of role in RE projects, clarifies bidders can reduce tariffs voluntarily, defends transparent bidding process. ... Stock Market News Business News Market News NSE Nifty 50 ...
Adani indictment: SECI clarifies when bidders can revise tariffs
2 days ago · The SECI’s award was for 25 years and came on December 10, 2019. SECI says amid “ambiguity” regarding its business model, it wants to clarify that the Ministry of New and Renewable Energy (MNRE) and Ministry of Power (MoP) issue “standard bidding guidelines” for solar, wind, hybrid, round-the-clock (RTC), etc., tenders.
Delhi HC stays SECI's 3-year ban on Reliance Power over allegedly ...
3 days ago · Delhi High Court halted SECI's ban on Reliance Power. SECI alleged Reliance Power submitted fake bank guarantees. The ban was for three years and covered future tenders. Reliance Power argued the ban was unfair. The court will hear the case again on December 4. Reliance Power claimed innocence and blamed a third party.
SECI, the central PSU at heart of Adani bribery allegations
Nov 21, 2024 · SECI was incorporated in 2011 as a not-for-profit company (Sec. 25 of the Companies Act, 1956) and converted to a commercial company in 2015 (Sec. 3 of Companies Act, 2013).
SECI pauses 2 GW solar auction amid Adani indictment row, …
3 days ago · India Business News: SECI postponed a 2GW solar and 4GW battery storage auction following the indictment of Adani Group's chief. This delay comes as nearly 9GW of previous
Explained: The SECI solar bid at the centre of Gautam Adani’s US ...
Nov 21, 2024 · A novel tender floated by the Solar Energy Corporation of India (SECI) in 2019 is now at the centre of a US district court indictment that alleges Adani Group Chairman Gautam S Adani, his nephew Sagar Adani, and six others offered Rs 2,029 crore (US $265 million) in bribes to Indian government officials.
Why SECI struggles to find buyers for its renewable energy ... - Mint
6 days ago · The indictment says Adani executives paid bribes to secure agreements with discoms to buy solar power from Seci, in a bid that Adani Green had won in a 2019 tender The Solar Energy Corp. of India ...
SECI, PSU named in Adani bribery case, says not clear if
Nov 21, 2024 · The AGEL-SECI agreement was to supply 4,667 MW as part of a manufacturing-linked solar tender by SECI in June 2020. Moneycontrol News Tags: #Adani Green Energy #Adani Group #Gautam Adani
US court’s indictment of Adani firm puts under scanner SECI’s role …
Nov 21, 2024 · The role of Solar Energy Corporation of India (SECI) has come in question after the US court order over bribery allegations on Gautam Adani revealed that SECI facilitated his company’s...
Adani bribe row: If no takers, bidders can cut tariff suo motu, says SECI
2 days ago · SECI — a central public sector enterprise under the ministry of new and renewable energy (MNRE) — on Tuesday said a bidder of any project can lower the discovered tariff after the bidding process, if it can’t find takers for power sale at a higher rate. ... get a daily email with all news updates on them. Full access to our intuitive ...