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Adani Group, Andhra Pradesh
Exclusive-India's Andhra Pradesh state likely to suspend Adani power deal, sources say
India's Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the U.S. indictment of the group's billionaire founder Gautam Adani over an alleged bribery scheme,
Andhra Pradesh reviewing Adani Power deals; scrapping them is complex, says Nara Lokesh: Report
The review takes place amid allegations against Gautam Adani in the United States, where he has been accused of bribing Indian government officials to secure “lucrative solar energy supply contracts.”
Andhra Pradesh Poised to Suspend Adani Power Deal Amid Bribery Allegations
Andhra Pradesh state may suspend a power purchase deal connected to Adani Group after U.S. charges against founder Gautam Adani for alleged bribery. The state plans to request a federal investigation and is set to make the suspension announcement soon.
India's Andhra Pradesh mulls next steps on Adani, if power deal can be scrapped
The prospect of a ceasefire agreement between Israel and Lebanon's Hezbollah without a similar deal with Hamas in Gaza has left Palestinians feeling abandoned and fearful that Israel will focus squarely on its onslaught in the enclave.
Andhra Pradesh likely to suspend Adani power deal, sources say
Andhra Pradesh state considers suspending power purchase deal with Adani Group over bribery charges, pending investigation.
Andhra Pradesh likely to suspend Adani power deal: Report
The development comes after US authorities framed Gautam Adani and other executives of the group for allegedly paying $265 million in bribes to Indian to to Indian government officials to secure solar energy contracts.
Andhra Pradesh to Suspend Adani Power Deal Amid Bribery Allegations
Andhra Pradesh is set to suspend a power purchase agreement with the Adani Group following U.S. indictment of founder Gautam Adani for alleged bribery. The state plans to request federal investigation while clauses in existing agreements allow for contract termination under such transgression.
India's Andhra Pradesh state likely to suspend Adani power deal
India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said.
Andhra Pradesh government mulls next steps on Adani, if power deal can be scrapped
U.S. charges Adani for $265 million bribes to Indian officials for solar power contracts, leading to major setbacks.
Andhra Pradesh government scrutinises previous deals with Adani Group
The Andhra Pradesh government is reassessing its past agreements with the Adani Group amid accusations of unethical conduct in public-private partnerships.
Andhra Pradesh reviews possibility of scrapping Adani power deal: Report
US authorities have charged Gautam Adani and seven others for allegedly paying $265M in bribes to Indian officials to secure solar power contracts in 2021-2022.
Mint on MSN
4h
Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?
Andhra
Pradesh
's state government was “digging into all the internal ... The US Securities and Exchange Commission has ...
1h
Adani power agreements struck during Jagan regime under scanner, two Andhra ministers say
Keshav, who as chairman of the Andhra Pradesh Assembly Public Accounts Committee had in 2021 first raised objections to the agreements, said his department is going through the files and PPAs made ...
India West
56m
Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto ...
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