Indian Railways barred diesel generators supplier JVPL, for two years

NEW DELHI : Indian Railways has imposed a two-year ban on Jakson Ventures Private Ltd (JVPL), one of the largest and oldest suppliers of diesel generators in the country. Jakson is the authorised dealer for US-headquartered diesel genset maker Cummins Inc.

Government officials aware of the development said JVPL had forged documents certifying earnest money deposit (EMD) as bank guarantee in a bid called by Central Periodical Overhauling (CPOH) Workshop of the Indian Railways in Prayagraj.

Responding to queries, Jakson Group said JVPL is an independent legal entity, which has filed a writ petition in the Allahabad High Court against the Railway Board order.

“Penal action has already been taken against the erring employee in December 2022 who had misappropriated ₹ 5.47 lakh and maligned the name of JVPL,” the company said.