The Enforcement Directorate (ED) on Wednesday conducted searches across Delhi-NCR, Tamil Nadu, and Karnataka as part of a money laundering investigation linked to an alleged Rs 346 crore bank fraud involving a Haryana-based power sector company and its promoters, official sources said.

The probe focuses on Gurugram-based Hythro Power Corporation Ltd (HPCL), currently under liquidation, and its directors, Amul Gabrani and Ajay Kumar Bishnoi, among others.