New Delhi, April 17 (NationPress) The Directorate of Enforcement (ED) from the Raipur Zonal Office has provisionally frozen immovable assets valued at Rs. 77.51 lakh belonging to M/s. Sunil Sponge Private Limited (referred to as M/s. SSPL) under the Prevention of Money Laundering Act (PMLA), 2002.

The ED's investigation commenced under the provisions of PMLA, 2002, following a complaint dated 05/09/2018 lodged by the Chhattisgarh Environment Conservation Board, Raipur (CECB). This complaint was filed under Sections 37 and 40 of the Air (Prevention and Control of Pollution) Act, 1981 against M/s. SSPL and its Directors.

The complaint alleged that M/s. SSPL initiated operations of a 5 MW biomass-based power plant and began generating electricity without securing the required operating consent from the CECB.

Investigations by the ED uncovered that M/s. SSPL commenced the operation of its 5 MW biomass power plant for electricity generation on March 2, 2018, and was operational until July 12, 2018, without a valid operating consent from the CECB.

On April 15, 2025, property valued at Rs. 77.51 lakh was provisionally attached under the PMLA, 2002.

Further investigations are ongoing.

The ED serves as a law enforcement and economic intelligence agency of the Central government.

Founded on May 1, 1956, the ED is charged with enforcing economic regulations and addressing financial crimes.

Headquartered in Delhi, the agency operates under the Department of Revenue, Ministry of Finance.

The core responsibility of the Directorate of Enforcement includes enforcing two major laws: the Prevention of Money Laundering Act, 2002 and the Foreign Exchange Management Act, 1999.

Additionally, it is responsible for implementing the Fugitive Economic Offenders Act, 2018.