more-news

CBI may close ADAG Sasan probe

New Delhi, Dec 27 : The Central Bureau of Investigation (CBI) might close the preliminary probe into the coal block allocation to a power project in Sasan in Madhya Pradesh run by Anil Ambani's ADAG since the federal investigating agency viewed it as a policy decision arrived at after assessment by an Empowered Group of Ministers (EGoM), according to media reports.


A preliminary probe was initiated at the behest of the Supreme Court among other cases.

Media reports quoting CBI sources said the Sasan ultra mega power project got approval twice by the EGoM.

CBI is yet to take the final decision, however, since the Supreme Court's views would have to be taken into account as well, said reports.

Earlier when the probe had begun, an ADAG spokesperson had issued a statement saying: "We welcome the independent time-bound enquiries by the CBI, monitored by the Supreme Court, which will clearly establish our bona fides, and once and for all prove beyond doubt that we have been the unfortunate victims of a mischievous campaign of calumny and vilification conducted at the behest of our unscrupulous corporate rivals over the past 5 years."

"The allocation of coal mines to the Sasan project was done to a 100 percent government-owned company in the year 2006 when our company Reliance Power, had not even won the project. Government disinvested its shares to Reliance pursuant to a Global Tender in the year 2007.

"The use of surplus coal from the Sasan UMPP has been approved on two separate occasions by two EGoMs," the statement added.

--IBNS (Posted on 27-12-2013)

more-news headlines

Two arrested for robbing Haryana policemen

Man nabbed for sodomy attempt on minor in Delhi

'Netaji' went 'mulayam' on rapists, says Modi

Ramdev says Congress desperate to create controversies against BJP

Militants kill sarpanch after kidnapping him in Kashmir

BJP criticizes Ajit Pawar for threatening Maharashtra farmers with water stoppage

Samajwadi Party appeals to EC to keep ban on Amit Shah

People will protest as we have challenged some 'vested interests': Kejriwal

Country divided in name of secularism: Modi

'Examine probability of reformimg toddler's murderer'

EC notice to Mulayam for violating model code

Two men stabbed to death in Delhi

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top