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Tag: adani solar deal

How will bribery charges impact Adani?

Posted on November 30, 2024 By admin
How will bribery charges impact Adani?

Adani Group chairman Gautam Adani speaks at an event in Jaipur on November 30, 2024. | Photo Credit: AP The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated by Gautam Adani, chairman of…

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Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors

Posted on November 22, 2024 By admin
Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors

In September 2024, TotalEnergies paid $444 million into a joint venture with Adani Green Energy for a 50% stake in 1.15 gigawatts of solar installations at the Khavda solar park. File | Photo Credit: Reuters “Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part…

Read More “Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors” »

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