Adani Group
Bangladesh wants to renegotiate Adani power deal unless court cancels
Adani Power Ltd said in its latest annual report that the plant in India's Jharkhand state would provide Bangladesh uninterrupted, reliable and affordable electricity and "significantly reduce the average cost" for the end consumer.
Adani breaks silence on US allegations to say his group is committed to compliance
US authorities have accused Gautam Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay bribes to secure Indian power supply contracts, and misleading US investors during fundraisings in the country
Analysis / Adani allegations shine spotlight on India's clean energy conundrum
The conglomerate is not alone in facing increasingly long delays in signing up buyers for the renewable electricity capacity which is now being developed in coal-dependent India - the world's third-largest emitter of greenhouse gases.
Adani's 'renewable energy marvel' trapped in US bribery indictment
Adani Green's revenues of $574 million during the period from April to September this year were up 20% on the year, boosting its cash profit 27% to $313 million over that time.
Adani Group says it lost nearly $55 bn since US corruption charges
The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme.
Fitch revises outlook on four Adani group firms from ‘stable’ to ‘negative’
The entities whose outlook has been revised to “negative” are rated “BBB”.
US development agency 'assessing ramifications' on Adani's Sri Lanka project
The US International Development Finance Corp last November said it would provide $553 million in financing for the port terminal project in Colombo, the capital of Sri Lanka. The project is partly owned by the Adani Group.
Shadow of US prosecutor’s bribery charge on Adani?
It remains to be seen how the political impact of the US prosecutors’ charges against the Adani group plays out.
Adani plunges in Mumbai on founder's charges as Asian markets retreat
Several listed subsidiaries of the Adani empire collapsed in early trade, with some losing as much as 20 percent
Govt speeds up Adani payments
The Power Division has replied to Gautam Adani’s letter to Prof Muhammad Yunus, chief adviser to the interim government, saying the government will clear its dues within the shortest possible time.
Persistent power outages must be addressed
Government must expedite efforts to resolve the crisis
Adani repeatedly pressing for $800m electricity dues
India’s Adani Group has been repeatedly requesting the interim government to immediately clear dues of around $800 million on their electricity sales, according to officials of Bangladesh Power Development Board (PDB).
Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group
Adani Group has previously denied these allegations, and an email query sent to Adani Group was not immediately answered.
Adani suspected of fraud by selling low-grade coal as high-value fuel to Indian state firm
Reports Financial Times
India's Adani Green says aware of US probe into third party, denies relationship
India's Adani Green Energy said on Tuesday it is aware of a US investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity
US probing Adani Group and founder over potential bribery
Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project
India's Adani Group in talks with sovereign funds to raise $2.6 billion
Adani Group is in talks with West Asia-based sovereign funds to raise up to $2.6 billion for its airport expansion and green hydrogen projects
India's Adani to invest $24 bln in Gujarat in five years
Adani Group to invest 2 trillion rupees ($24 billion) in five years, said its chairman Gautam Adani
Adani likely to supply second 800 MW to Bangladesh soon
After starting electricity supply to Bangladesh from the first unit of its plant in Godda in the eastern state of Jharkhand a few days ago, India's Adani Power Limited has said it is expected to commission its second 800 MW unit soon, according to the company statement