Reliance Power shares rally 5% after SECI withdraws debarment notice

December 4, 2024

Reliance Power shares surged after Solar Energy Corporation of India Limited withdrew its debarment notice. The withdrawal allows Reliance Power and its subsidiary to participate in SECI tenders again. The legal proceedings led to this decision, although SECI retains the right to take further actions per the law. Reliance Power shares have increased significantly in 2024.

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