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Adani ‘bribery’ case: Andhra Pradesh likely to suspend Adani Group’s power supply deal | Company Business News

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Adani ‘bribery’ case: Andhra Pradesh likely to suspend Adani Group’s power supply deal | Company Business News

Indian state, Andhra Pradesh, is reportedly planning to suspend a power purchase deal with Adani Group due to the recent indictment of founder Gautam Adani over an alleged bribery scheme. The state will ask for an investigation into the charges, which accuse Adani and others of paying bribes to obtain solar power-supply contracts. If the suspension goes ahead, it would be the first action taken by an Indian state government following the indictment. The Adani Group has stated that the allegations are baseless.

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Rayin Kunwar

Scam size 2000cr Andhra Ex-CM share according to the USA records 1700cr... 🤷🏻🤷🏻

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2 days ago

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