SECI Lifts Ban on Reliance Power Amid Legal Intervention

In a recent development, the Solar Energy Corporation of India (SECI) has lifted its debarment of Reliance Power from participating in renewable energy tenders. This decision follows a Delhi High Court ruling that stayed the ban imposed on the company, excluding its subsidiary Reliance NU BESS.

Background: Allegations of Fake Documents

The initial ban, enforced on November 6, was triggered by allegations of Reliance Power and its subsidiary Reliance NU BESS submitting falsified documents in a bid for a 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS) project. The controversy arose when SECI discovered discrepancies in the bank guarantee endorsement against the earnest money deposit issued by a foreign bank.

This discovery came after the e-reverse auction, compelling SECI to cancel the tender process. The ban was expected to last three years, significantly impacting Reliance Power’s ventures in the renewable energy sector.

Legal Challenge and Subsequent Withdrawal

Reliance Power swiftly challenged the debarment in the Delhi High Court, which issued a stay on the ban except for Reliance NU BESS. On Tuesday, SECI issued a notification announcing the withdrawal of the debarment for Reliance Power, stating:

“The debarment notice issued to M/s Reliance Power Limited has been withdrawn, with immediate effect… This withdrawal is without prejudice to SECI’s right to take all actions in accordance with the law.”

The public notice dated November 6 has now been modified accordingly.

Renewable Energy Aspirations Continue

Reliance Power’s recent entry into the renewable energy and storage sector marked a significant milestone when it secured the BESS project tender through an e-reverse auction in September. With the ban lifted, the company, along with its subsidiaries (excluding Reliance NU BESS), is now eligible to participate in SECI’s future tenders, reaffirming its commitment to advancing renewable energy and energy storage solutions.