Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Invest UP CEO Suspended Amid Solar Project Irregularities; Middleman Arrested
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
Big data cloud services form backbone of AI and next-gen analytics: Expert
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > Invest UP CEO Suspended Amid Solar Project Irregularities; Middleman Arrested
Nation

Invest UP CEO Suspended Amid Solar Project Irregularities; Middleman Arrested

Nation Desk By Nation Desk March 21, 2025 2 Min Read
Share
SHARE

LUCKNOW: Abhishek Prakash, CEO of Invest UP and the former district magistrate of Lucknow, was suspended on Thursday following allegations of misconduct during the evaluation process for a proposed solar manufacturing initiative in the state. Additionally, the local police arrested a middleman on accusations of soliciting a bribe for the approval of the solar project, reportedly at the direction of a senior official from Invest UP.

According to a government press release, the allegations against Prakash, a 2006-batch IAS officer, were investigated and found to have sufficient initial evidence. The inquiry determined that his actions could obstruct the goals of the UP Industrial Investment and Employment Promotion Policy 2022, potentially harming investor confidence and damaging the state’s reputation as a favorable destination for investment.

Sources within the government indicated that the chief minister’s office (CMO) instructed an investigation into the matter after it received a complaint. Vishwajit Datta of SAEL Solar P6 Pvt Ltd submitted a complaint to the CMO on March 20, expressing that his company intended to establish a manufacturing facility for solar cells and related solar power components in UP. He further alleged that officials at Invest UP requested 5% of the project cost to expedite the proposal’s approval, a request he declined.

The complainant noted that their application was submitted both directly and through an online platform. However, prior to its presentation to the evaluation committee, a “senior official in Invest UP” provided him with the contact information of one Nikant Jain, stating that if Jain endorsed his project, it would swiftly gain approval from both the evaluation panel and the state cabinet. Jain subsequently demanded 5% of the project cost as a commission, insisting on receiving the amount in cash upfront, which Datta reported he refused. Although the evaluation committee eventually approved the project, it did not receive final clearance. Datta’s complaint asserted that Jain reiterated that only he could help secure the project’s approval. The police apprehended Jain on Thursday.

TAGGED:National NewsNews
Share This Article
Twitter Copy Link
Previous Article Stock that will see action today: 21 March 2025 Tech Titans Set to Soar: Top Stocks to Watch on 21 March 2025
Next Article Trump orders increased minerals production, says Ukraine deal coming soon Trump boosts mineral production, promises imminent Ukraine deal.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

FIR Filed Against Seven After ‘I Love Mohammad’ Posters Discovered in Sambhal Mosque Ruins

August 17, 2026

Russia Launches New Ballistic Missile Assault on Kyiv, Escalating Tensions

August 17, 2026
Indian bonds may slip after RBI shortens swap window for diaspora deposits

Indian Bonds Face Pressure as RBI Shortens Diaspora Deposit Swap Window

August 17, 2026

Eight Muslim Nations Condemn Israel’s Actions Amid Ongoing Regional Tensions

August 17, 2026

Rory McIlroy Voices Concern as Scottie Scheffler Claims FedEx Cup Play-Off Win

August 17, 2026

Pakistan and Six Muslim Nations Denounce Israel’s Rejection of Gaza Conflict Roadmap

August 17, 2026

You Might Also Like

QuantLase Lab LLC former CEO settles insider trading case with SEBI
Economy

Former QuantLase Lab CEO Resolves Insider Trading Case with SEBI

2 Min Read
JP Morgan, HSBC cut India ratings on oil, inflation concerns
Economy

JP Morgan and HSBC Downgrade India Ratings Amid Rising Oil and Inflation Worries

3 Min Read
‘Tariff policy plan’ moots annual review of Indian edible oil import duty
Economy

Annual Review Proposed for Indian Edible Oil Import Duty Policy

4 Min Read
Last day: iValue Infosolutions IPO fully subscribed on closing day, QIBs lead with 1.23x subscription
Economy

iValue Infosolutions IPO Sees Strong Demand, Fully Subscribed on Final Day

2 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?