Bank Collusion Suspected in Rajasthan ₹456 Crore Solar Fraud; Details Inside
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Summary
The Rajasthan Renewable Energy Corporation (RREC) awarded a ₹456 crore solar panel contract to Tiriy Nopicon under the Hem Model. The company submitted a fraudulent bank guarantee of ₹60 crore and rec...
Key Details
Published
20 August 2025 at 05:00 am
Source
The 420
Channel
fake documentation
Victim Profile
government employee
State
Rajasthan
City
NA
Amount Loss Range
₹10000000–₹50000000
Fraud Keywords
fake bank guaranteefraudulent tendersolar panel scamadvance payment fraudbank collusionfake documentationcontract fraudgovernment tender scamrenewable energy fraud