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Tag: Adani Green Energy

Adani
Business
  • Reuters
  • Feb 13, 2025
Adani says to withdraw from wind power projects in Sri Lanka

Sri Lanka started reviewing the Adani Group’s local projects after US authorities in November accused its billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts.

Adani
World
  • Reuters
  • Dec 16, 2024
Case against Gautam Adani appears strong but extradition unlikely

Federal prosecutors in Brooklyn last month unsealed an indictment accusing Adani of bribing Indian officials to convince them to buy electricity produced by Adani Green Energy ADNA.NS, a subsidiary of his Adani Group conglomerate.

Adani Group after US bribery indictment
World
  • Reuters
  • Nov 27, 2024
Major fallout for India’s Adani Group after US bribery indictment

Ratings agency Moody’s cut the outlook on the ratings of seven Adani entities to ‘negative’ from ‘stable’

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