Indian agency CBI has registered a case of corruption and fraud against Gautam Adani-led Adani Enterprises and former chairman and former managing director of the multi-state Indian National Consumer Co-operative Union Limited (NCCF). It is alleged that there was an irregularity in the selection of this company of Ahmedabad for the transportation of coal supplied to the power stations from ports in Andhra Pradesh.
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According to media reports, a case of criminal conspiracy has been registered against Virender Singh, the then chairman of NCCF, it is then MD GP Gupta and then senior advisor SC Singhal, Adani Enterprises Limited and other public servants. According to the CBI, in the preliminary investigation, the accused officers and Adani Enterprises were found guilty in the case.
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Andhra Pradesh Power Generation Corporation (APGENCO) on 29 June 2010 extracted six lakh metric tonnes of coal imported from ports to Rayalaseema Thermal Power Plant at Kadapa and Narla Tata Rao Thermal Power Plant at Vijayawada. A limited examination of tenders was done. The investigation of tenders was then handed over to seven government companies, including NCCF, which came under the Ministry of Consumer Affairs.
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