to buy solar power from the Adani Group — Jayalalithaa of the All India Anna Dravida Munnetra Kazhagam (AIADMK) was the Chief Minister then — the Adani affair has come back to haunt Mr. Stalin.
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 ...
Seven other executives, including Adani’s nephew, Sagar Adani, were indicted. Image: Jonathan Touriño Jacobo for PV Tech. Gautam Adani, the billionaire chair of Indian conglomerate Adani Group ...
Between December 2019 and July 2020, Azure Power and a subsidiary of Adani Green Energy won, and were issued, letters of award (LOAs) for a manufacturing-linked solar tender offered by the Solar ...
SECI postponed a 2GW solar and 4GW battery storage auction following the indictment of Adani Group's chief. This delay comes as nearly 9GW of previously auctioned solar capacity remains unsold due ...
Gautam Adani and his conglomerate face new accusations, this time from US prosecutors alleging a $250 million bribery scheme to secure solar energy contracts. Share prices of Adani Group companies ...
Billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar ...
STORY: U.S. prosecutors indicted Indian billionaire Gautam Adani as part of what they called "The Corrupt Solar Project." Adani is India's second-richest person, who helms a massive conglomerate ...
In the allegations, the US Department of Justice and the US Securities and Exchange Commission stated that Adani directors bribed Indian officials to secure solar energy contracts. The US ...
The defendants allegedly conspired to misrepresent Adani Energy’s anti-bribery and corruption practices and conceal the scheme from US investors and international financial institutions in order to ...
in what U.S. authorities called "The Corrupt Solar Project". Adani Group, which runs several key infrastructure projects across the globe, says the allegations are baseless and has vowed to seek ...
Adani Green Energy and Azure Power Global listed on the New York Stock Exchange till recently won contracts with the Solar Energy Corporation of India (SECI), a state-owned company that tries to ...