Running India’s largest power producing company, NTPC, which is supplying over one-fifth of the country’s power, comes with its own challenges. One of these includes dealing with bribe, contract irregularities, and forged bank guarantees.
NTPC has found 19 cases of irregularities in terms of contracts over the past three years, according to the data shared in the Lok Sabha on November 28. The details were shared in response to a query on whether there were cases of irregularities due to connivance of officials with contractors in NTPC.
An email query sent to NTPC on Friday remained unanswered.
The reply to a question states