In February 2025, a fraudulent letter was circulated falsely claiming that Axis Bank had declared Radiant Power Projects as bankrupt and incapable of meeting its financial obligations.

We wish to formally clarify that this letter was entirely fabricated and holds no truth. Radiant Power Projects remains a financially stable and trusted organization, with strong banking relationships and ongoing projects across India and abroad.

Both Radiant Power Projects and Axis Bank have issued official statements denouncing the fake communication, confirming that no such declaration was ever made. A certified copy of the clarification letter from Axis Bank is attached below for public reference.

We thank our customers, partners, and stakeholders for their continued trust and support.