REPL used fake certificates to clinch lease deals
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31/12/1997
The fate of the 25 finance companies that entered into lease deals with REPL Engineering Ltd for erecting windmills has been conclusively sealed. A letter issued by director of the Gujarat Energy Development Agency (GEDA) to the income-tax department in Mumbai, has clarified that a certificate of commencement purported to have been issued by GEDA is counterfeit.