CBI books 3 ex-SJVN officers, a private company for causing Rs 191-cr loss to SJVN

The CBI has booked three former officers of state-run SJVN Ltd and a private company for causing a loss of Rs 191 crore to the company
CBI books 3 ex-SJVN officers, a private company for causing Rs 191-cr loss to SJVN
CBI books 3 ex-SJVN officers, a private company for causing Rs 191-cr loss to SJVNEnergy Watch

New Delhi: The Central Bureau of Investigation (CBI) has booked three former officers of state-run SJVN Ltd and a private company for causing a loss of Rs 191 crore to the Miniratna PSU. “The Central Bureau of Investigation has registered a case on a complaint against then three officers of Satluj Jal Vidhut Nigam Ltd. (SJVNL) - a PSU of Govt of India and others including a private company and its representatives etc,” said the CBI on Wednesday. PSU Watch has learnt that the private company mentioned by the CBI in its complaint is Chennai-based Siemens Gamesa Renewable Power.

Sources said that the three retired SJVN officers booked by the CBI include RK Agarwal (Executive Director), Sanjay Uppal (Chief General Manager) and AK Jindal (Deputy General Manager).

CBI: Siemens Gamesa allegedly provided faulty feasibility report for SJVN’s wind power plant

The CBI alleged that the private company provided faulty feasibility report for the installation of a wind power plant. “It was further alleged that the accused in conspiracy with others did not ensure the proper supply and installation of the equipment and material as per the tender specifications for the installation of the said Wind Power Plant of SJVNL situated at Khirvire/ Kombhalane, District Ahmednagar (Maharashtra), resulting in under performance of the said plant. An alleged loss of Rs 191 crore (approx) was caused to SJVNL,” said the CBI.

CBI books 3 ex-SJVN officers, a private company for causing Rs 191-cr loss to SJVN
SJVN's 60 MW Naitwar Mori hydroelectric project in Uttarkashi is now fully operational

“Searches were conducted at around seven places, including at Delhi, Ghaziabad, Gurgaon, Samana, (District Patiala, Punjab) & Chennai at the premises of accused which led to the recovery of certain documents,” said the CBI. The central investigative agency added that the investigation is continuing.

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