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Complaint against Gensol for falsified documents
Financial Express Hyderabad
|April 26, 2025
STATE-RUN INDIAN Renewable Energy Development Agency (Ireda) on Friday said that it has initiated an internal review following recent developments concerning Gensol Engineering and its promoters & associate companies in accordance with RBI guidelines and the company's due diligence protocols.
The company has filed a complaint on above matters with the Economic Offences Wing, it said.
The public sector Non-Banking Financial Company said that Gensol's account is currently under stress but is not classified as an Non-Performing Asset (NPA).
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