Mumbai: The city economic offences wing (EOW) has registered four separate cases against multiple companies for defrauding the state govt of Rs 122.9 crore by allegedly submitting fake bank guarantees in the solar agriculture energy channel 2.0 tender process.EOW said the firms entered into power purchase agreements by submitting bank guarantees prepared using fake rubber stamps. The scheme is aimed at making electricity available to farmers during the day.
Based on a complaint from MSEDCL, EOW booked the directors of Nacoff Urja, NOPL Projects, Integration Induction Power, IIPL Three Hingoli, IIPL Four Parbhani, Nacoff Urja-NOPL Pace Green Energy, Onix Renewable and Onix IPP. Earlier this month, EOW booked three directors of a Gujarat company, Om Yash CJR Lamat Via Projects, and MSEDCL’s assistant general manager in a case of forged bank guarantee of Rs 99.5 crore submitted by a bidders in a solar power project. TNN
