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Sembcorp bags 150 MW solar project with 300 MWh energy storage
5 days, 18 hours ago

Sembcorp bags 150 MW solar project with 300 MWh energy storage

Live Mint  

New Delhi, Dec 18 Sembcorp Industries on Wednesday said its arm Sembcorp Green Infra has secured a 150 MW solar project coupled with a 300 MWh Battery Energy Storage System from Solar Energy Corporation of India Ltd. The build-own-operate Project is part of a bid for 2GW Inter-state Transmission System -connected solar power projects with 4GWh of BESS, issued by …

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Adani-Andhra Deal Approved Against Officials' Advice, Under Bribery Scrutiny
6 days, 17 hours ago

Adani-Andhra Deal Approved Against Officials' Advice, Under Bribery Scrutiny

Deccan Chronicle  

The approach from the Solar Energy Corporation of India on Sept. 15, 2021 came out of the blue. The federal agency, tasked with developing the solar sector, wanted to know if the southeastern state of Andhra Pradesh would like to sign India's largest renewables contract.Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the state had …

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‘Will study US indictment report, act on it’: CM Chandrababu Naidu on bribery charges against Adani, Jagan Reddy
Trending News
1 month ago

‘Will study US indictment report, act on it’: CM Chandrababu Naidu on bribery charges against Adani, Jagan Reddy

Hindustan Times  

Andhra Pradesh chief minister N Chandrababu Naidu on Friday said that the state government is in possession of the indictment order filed in the United States against industrialist Gautam Adani. The indictment order submitted by US Securities and Exchange Commission alleges that Adani met the then chief minister of Andhra Pradesh in 2021, and offered bribes worth $200 million to …

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The $250 million Adani bribery case: whistleblower complaints, WhatsApp texts, and ‘incentives’
1 month ago

The $250 million Adani bribery case: whistleblower complaints, WhatsApp texts, and ‘incentives’

Live Mint  

Two whistleblower complaints flagging financial impropriety at a small New York Stock Exchange-listed company marked the start of a two-year probe by the US government into the Adani group. SECI, a company under India’s ministry of new and renewable energy, oversees New Delhi’s renewable energy plans, including funding large solar projects such as those by Azure Power and Adani Green. …

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Gautam Adani Devised Bribery Scheme To Make Indian Govt Entity Buy Solar Power From His Company: US Dept Of Justice
1 month ago

Gautam Adani Devised Bribery Scheme To Make Indian Govt Entity Buy Solar Power From His Company: US Dept Of Justice

Live Law  

According to the charges filed by the United States Department of Justice in a U.S. court, Gautam Adani, along with others, orchestrated a million-dollar bribery scheme in the USA to bribe Indian government officials. Therefore, Gautam Adani, along with Adani company executives Sagar Adani & Vneet Jaain, and certain other officials of the US company, devised a scheme to bribe …

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SECI, the central PSU at heart of Adani bribery allegations
1 month ago

SECI, the central PSU at heart of Adani bribery allegations

New Indian Express  

NEW DELHI: Solar Energy Corporation of India, the company at the heart of the Adani group bribery scandal in the US, is a central PSU ‘dedicated to the development and expansion of Renewable Energy capacity in India’. A US district court has found that Adani Green Energy had signed a Power Purchasing Agreement with SECI, under which the Adani Group …

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UPERC clears decks for UPPCL to purchase 450 MW wind power
6 months, 2 weeks ago

UPERC clears decks for UPPCL to purchase 450 MW wind power

Hindustan Times  

[email protected] It may be noted that the Union Ministry of Power has increased the renewable power obligation for discoms from 15% in 2023-24 to 29.91% in 2024-25. LUCKNOW: In line with its renewable power obligation to gradually increase the supply of renewable energy to consumers in the state, reaching 21,500 MW by 2031-32, UP Power Corporation Ltd will purchase 450 …

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