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Fake guarantees: SECI issues notice to RPower

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Fake guarantees: SECI issues notice to RPower

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NEW DELHI:

Renewable energy agency

SECI has sent a show cause notice to Reliance Power, asking why criminal action not be taken against the company and its arm for submitting

fake bank guarantees

. Last week, Solar Energy Corporation of India barred

Reliance Power

and its arm from participating in its tenders.

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