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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…
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…
The indictment of industrialist Gautam Adani and his business associates by the U.S. Department of Justice (DoJ) presents detailed allegations regarding the processes followed by senior executives of Adani Green Energy Ltd. and Azure Power Global Ltd. (a renewable energy company headquartered in New Delhi, which used to be listed on the New York stock…
Read More “Gautam Adani Indictments: A ‘bribery scheme’ to bag lucrative solar power contracts” »