Journalist. Energy & climate reporting for @bsindia. @CheveningFCDO SAJP Fellow'21. Co-host @tieh_podcast. Previous: @EconomicTimes.
Tweets are personal views.
Nov 4, 2024 • 5 tweets • 1 min read
Anil Ambani owned @reliancepower submitted invalid bank documents TWICE, through a fake @TheOfficialSBI email ID for a tender floated by govt agency @SECI_Ltd.
Still it was allowed to participate in the bidding.
My latest newsbreak:
business-standard.com/industry/news/…
@SECI_Ltd allowed Reliance Power to submit bank guarantee again after it submitted invalid one from a Malaysia based firm which wasn't a bank.
It was allowed to submit another guarantee one month past the deadline of document submission.
In 3 months, the Centre has gone from mandating imported #coal blending for power gencos to making it optional.
In May, @MinOfPower directed gencos to blend 10% imported coal or face domestic supply reduction.
google.com/amp/s/wap.busi…
The ministry even evoked Section 11 of the Electricity Act allowing all power generators to pass through the high cost of imported coal on the consumers.
As @SoftBank takes away its #renewableenergy business from India today, looking back at the grand statement of free power that Masayoshi Son made barely 3 years back.
