News Business CBI registers case against Adani Enterprises for alleged coal supply contract irregularities

CBI registers case against Adani Enterprises for alleged coal supply contract irregularities

The CBI has booked Adani Enterprises Ltd and former chairman of National Cooperative Consumers' Federation of India and its former managing director for alleged irregularities in the award of contract for supply of imported coal to Andhra Pradesh Power Generation Corporation, officials said on Thursday.

CBI registers case against Adani Enterprises for alleged coal supply contract irregularities Image Source : PTI (FILE)CBI registers case against Adani Enterprises for alleged coal supply contract irregularities

The CBI has booked Adani Enterprises Ltd and former chairman of National Cooperative Consumers' Federation of India and its former managing director for alleged irregularities in the award of contract for supply of imported coal to Andhra Pradesh Power Generation Corporation, officials said on Thursday.

The agency has registered the FIR under charges of criminal conspiracy, cheating under Indian Penal Code and Provisions of Prevention of Corruption Act after a preliminary enquiry into the allegations, they said.

It was alleged that in 2010, APGENCO had floated a tender for the supply of 6 lakhs MT of coal on free-on-rail destination basis to Dr Narla Tata Rao Thermal Power Station, Vijayawada and Rayalseema Therma Power Plant, Kadapa from any port.

It is alleged that Virender Singh, the then chairman of NCCF, New Delhi and GP Gupta, the then managing director of NCCF had favoured Adani Enterprises in getting the contract, they said. 

The agency has listed Singh, Gupta, SC Singhal, the then senior advisor to NCCF, and Adani Enterprises Ltd and other unidentified officials as suspects in the FIR, they said.

Also Read | Jeff Bezos-Kishore Biyani meeting slated for Friday. Here’s what to expect

Watch | Amazon is best place to fail as we practice a lot: Jeff Bezos

Latest Business News