Adani, Andhra Pradesh
Indiatimes · 12h
Adani can bill Andhra Pradesh ₹850 crore more for power at the heart of bribery charges
Andhra Pradesh's power tariff from Adani's solar project in Gujarat is set to rise from ₹2.49 to ₹3.069 per kWh due to basic customs duty on solar panels and cells. This has led to an anticipated additional annual financial burden of ₹850 crore.
Reuters · 4d
Exclusive: India's Andhra Pradesh state likely to suspend Adani power deal, sources say
The Philippines' embattled vice president on Wednesday accused President Ferdinand Marcos Jr of seeking to remove her from office, after the national police filed a formal complaint accusing her of assault and coercion.
Indiatimes · 1d
Adani Green’s mega project under scrutiny trips up on deadline; supplies zero power to Andhra Pradesh
Adani Green Energy's delayed solar project has yet to supply power to Andhra Pradesh, missing the original schedule by months. Instead, Adani Green Energy has begun selling power from the project at a higher rate on exchanges.
devdiscourse · 4d
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.
devdiscourse · 4d
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.
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