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News Brief | April 2014

Coal scam: Navbharat Power gets charge-sheet

The CBI has filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009. Besides Navabharat Power Pvt Ltd, its two directors, P Trivikrama Prasad and Y Harish Chandra Prasad were named in the charge-sheet filed before Special CBI Judge Madhu Jain. CBI has also accused unknown officials who had invited applications for allocation of 38 coal blocks, including 15 for the power sector and 23 for non-power sector, through an advertisement in November 2006.
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