MUMBAI: The city economic offences wing (EOW), probing cases against multiple companies for defrauding the state govt of Rs 122.9 crore by allegedly submitting fake bank guarantees in the solar agriculture energy channel 2.0 tender process, has in its preliminary investigation found that at least two companies had no fault in it and that a third party from New Delhi had prepared and submitted fake guarantee in their name.The EOW registered four cases on Feb 20 at the Nirmal Nagar police station and took over the probe. After registering the FIRs, the EOW said the firms entered into power purchase agreements by submitting bank guarantees prepared using fake rubber stamps. The scheme is aimed at making electricity available to farmers during the day.The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) lodged FIRs against the directors of Nacoff Urja, NOPL Projects, Integration Induction Power, IIPL Three Hingoli, IIPL Four Parbhani, Nacoff Urja-NOPL Pace Green Energy, Onix Renewable and Onix IPP.
