Diamantaire Nirav Modi's solar power plant up for auction to salvage PNB dues
The Debt Recovery Tribunal-I in Mumbai has put up a solar power plant belonging to a group entity of Nirav Modi, the absconder diamantaire, for auction in an attempt to recover a portion of his dues. The solar power plant, valued at Rs 12.40 crore, is located in Maharashtra's Ahmednagar district. Additionally, Nirav Modi's flat in Mumbai and two large land parcels will also be auctioned off.