Reliance Power Ltd
Reliance Power is developing a 4,000 MW project at Sasan and was allotted three captive coal blocks to fuel the project, which was bid for at a fixed rate to supply power.
Last month, a state auditor said Reliance Power gained Rs 29000 crore in undue benefit from a government decision, allowing the power producer to use surplus coal from its captive block for another project it was not meant for.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.