DRI initiates probe into parts imports by wind energy companies

New Delhi: The Directorate of Revenue Intelligence (DRI) has initiated a probe into imports of equipment by wind energy companies over possible misdeclaration and underpayment of customs duty, said people with knowledge of the matter.

It authorised a search at the Delhi office of Ostro Bhesada Wind Pvt Ltd, a subsidiary of ReNew Power, they said. The agency has also made enquiries at other companies, including Siemens Gamesa, which operates in wind energy space, the persons said.