Sunday, 19 January 2025

Focus on Adani Group

FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
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Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

Adani's company signed an agreement with Bangladesh to provide power from its coal-fired plant in eastern India in 2017.

FILE PHOTO: Rotors of power-generating windmill turbines of Adani Green Energy are kept for transportation in a stockyard at Ahmedabad-Narayan Sarovar state highway near Nakhatrana village in the western state of Gujarat, India, November 29, 2024. REUTERS/Amit Dave/File Photo
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Adani deal under bribery scrutiny was approved against officials’ advice

Andhra Pradesh signed a $490M solar deal with SECI, primarily benefiting Adani Green, now under U.S. scrutiny for alleged bribery.

FILE PHOTO: Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, November 30, 2024. REUTERS/Stringer/File Photo
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US case against India’s Gautam Adani appears strong but extradition unlikely, experts say

The U.S. Justice Department declined to comment on whether the United States had asked India to extradite Gautam Adani.

FILE PHOTO: A technician repairs power supply lines at a power plant of Adani Power at Mundra Port in the western Indian state of Gujarat April 2, 2014. REUTERS/Amit Dave/File Photo
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Bangladesh halves power buying from India’s Adani amid payment dispute

Bangladesh halves Adani Power imports amid payment disputes, high costs, and lower winter demand, straining a key energy deal.

India is building what it boasts will be the world's largest renewable power plant (AFP)
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Glittering dreams: India’s big push for solar power

India is racing to lead the renewable energy revolution, with massive projects like Gujarat’s Khavda plant boosting its green ambitions.

A man walks past a corporate office of Adani Group in Gurugram, India.
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Bangladesh wants to renegotiate Adani power deal unless court cancels

Bangladesh pushes to lower Adani power deal costs as court probes its impact on energy prices and local capacity.

Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in the western Indian city of Ahmedabad.
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Green Energy: Adani breaks silence on US indictment, says group is committed to compliance

Green Energy's Gautam Adani responds to U.S. bribery allegations, reaffirming commitment to regulatory compliance.

FILE PHOTO: Workers install solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd (AGEL)  in Khavda, India, April 12, 2024.REUTERS/Amit Dave/File Photo
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Adani allegations shine spotlight on India’s clean energy conundrum

India is still more than 10% short of its much-publicised pledge to add 175 gigawatts (GW) of renewable power by 2022.

FILE PHOTO: Workers install solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd (AGEL)  in Khavda, India, April 12, 2024.REUTERS/Amit Dave/File Photo
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Analysis: Adani’s ‘renewable energy marvel’ trapped in U.S. bribery indictment

Adani Green faces challenges after U.S. indictment over bribery, threatening its $100B renewable energy goals.

FILE PHOTO: Men fix the logo of the Adani Group on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
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Snapshot: Major fallout for India’s Adani Group after U.S. bribery indictment

Adani Group's market value drops $33B after U.S. bribery charges; TotalEnergies halts investments, other deals stall.

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