AES Chhattisgarh Energy Private Limited and its founding director, Sanjeev Kumar Aggarwal, have been acquitted by a special court in Delhi.
The case relates to the allocation of the Sayang coal block in Chhattisgarh in 2007. Aggarwal and the company were accused of cheating and criminal conspiracy in getting the allottment when the Central Bureau of Investigation (CBI) filed charges against them in 2015-17.
The case, filed by the CBI, had alleged that the company claimed to be a 100 per cent subsidiary of AES Corporation, USA , when it applied for the coal block and therefore misinterpreted itself.