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Adani power deal under scrutiny: Andhra official
Hindustan Times
|November 27, 2024
The Andhra Pradesh government is examining whether the state can cancel a contract with the Solar Energy Corp of India (SECI) following allegations by prosecutors in New York that the Adani Group paid around $265 million in bribes to officials in several Indian states to secure renewable energy contracts.
Both the Telugu Desam Party and the state government have discussed this, TDP spokesperson and chairman of the state biodiversity board N Vijaya Kumar said on Tuesday.
News agency Reuters reported, citing unnamed sources, that Andhra Pradesh was likely to suspend the deal.
The prosecutors claimed that the bulk of the bribes ($228 million) was paid to Andhra Pradesh officials when it was governed by the Jagan Mohan Reddy-led YSCRP, which was voted out in this summer's elections. The YSRCP has said there was nothing wrong with the deal it struck with SECI.
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