Adani Group's solar power contract, which is at the centre of bribery allegations, has tariffs that are lower than competition and can find new buyers in case the pact is cancelled, according to ...
U.S. authorities called the dealings in their indictment "The Corrupt Solar Project". Between 2019 and 2020, Adani Green and Azure were awarded renewable energy tenders by Solar Energy Corporation ...
Summaries of meetings between Johnson and Adani in October 2021 and April 2022, a period when US prosecutors allege the Indian tycoon was orchestrating the solar energy bribery scheme, also reveal ...
On July 3, 2023, two weeks before the SECI surrendered its land, the Adani group wrote to Gujarat Power Corporation asking for an allotment of 23,000 hectares in the Khavda park for “wind-solar ...
The Adani Group has denied the charges, calling them "baseless." A key focus of the U.S. investigation is a 2021 solar energy deal in Andhra Pradesh state, where the Solar Energy Corporation of ...
The company’s withdrawal from the big-ticket renewable energy project in Sri Lanka signals a significant retreat, given the Adani Group’s investment push in India’s neighbourhood in recent ...
His company is the largest private power producer and the largest solar power producer in the country. 6. Gives about 3% of the Group’s earnings for philanthropic activities The Adani foundation ...
The DOJ charged Adani and associates with a $250 million bribery scheme to secure solar power projects in India. Adani's group denied the allegations and vowed to contest the case vigorously.