IREDA declares Gensol Engineering, Gensol EV Lease accounts as fraud; reports to RBI
State-owned Indian Renewable Energy Development Agency Ltd (IREDA) on Friday (July 10) said it has declared the loan accounts of Gensol Engineering Ltd and its subsidiary Gensol EV Lease Ltd as fraudulent and reported the matter to the Reserve Bank of India (RBI) in accordance with regulatory requirements. The company said the action has been…
