News Muncher - searching for adani

6 days, 8 hours ago

Adani deal under bribery scrutiny was approved against officials’ advice

The approach from the Solar Energy Corporation of India on September 15, 2021 came out of the blue. Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the State had no short-term need for solar power, and should focus on other renewables that could provide 24-hour energy. The news agency spoke to a former State power …

Energy Power Treasury Solar State Reddy Cabinet

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 …

Power Treasury State According Reddy Deal Reuters

1 week ago

Data dive: Dark clouds hover over India’s solar story

Live Mint

Recent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. Solar’s share of electricity generated from renewable sources has Widening gap Of the 66 GW of solar power capacity installed as of …

India Energy Power Solar Solar Power Capacity Discoms

1 week, 2 days ago

Cancel pact with SECI, CPI secretary writes to CM Chandrababu Naidu

New Indian Express

VIJAYAWADA: CPI State secretary K Ramakrishna on Saturday wrote a letter to Chief Minister N Chandrababu Naidu, urging him to find ways to cancel the agreement for 7000 MW with Solar Energy Corporation of India. In the letter, he stated that when it was crystal clear from the reports of intelligence agencies in the USA that Adani Group bribed former …

State Seci Secretary Writes

2 weeks, 6 days ago

Why it's a rocky road ahead for Adani Group

India Today

Gautam Adani’s biographer calls him ‘destiny’s child’. However, a US court indictment which said that, starting in 2020, top honchos of Azure Power—an Indian solar power producer that was listed on the New York Stock Exchange—connived with Adani and two of his senior executives to give $265 million in bribes to government officials across five Indian states in return for …

India Energy Odisha Congress Indian Power Case

3 weeks, 2 days ago

The Adani-Modi Nexus Faces Its Greatest Test

The Hindu

Published : Nov 30, 2024 18:52 IST - 15 MINS READ To contend that the indictment of Gautam Adani, his nephew, and their associates, in the United States has dealt a blow to the ambitions of one of India’s, and the world’s, richest men, would be an understatement. The 30,000-word report of the New York-based short-selling firm Hindenburg Research published …

Business India Energy States Congress Trump Indian

3 weeks, 3 days ago

YS Jagan Reddy denies alleged link with Adani group, threatens legal action against media

India TV News

Former Andhra Pradesh Chief Minister and YSR Congress Party president YS Jagan Mohan Reddy has strongly denied any involvement in the ongoing controversy surrounding the Adani Group, following allegations of a bribery scheme linked to the company. Reddy emphasised that the issue began with SECI’s letter to the Andhra Pradesh government offering the cheapest power procurement deal in the state’s …

State Reddy Group Adani Seci

3 weeks, 4 days ago

Adani allegations shine spotlight on India’s clean energy conundrum

The Hindu

Published : Nov 28, 2024 11:22 IST - 4 MINS READ Bribery allegations against the Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. The challenges were stark in the case of Adani Green, India’s largest renewable energy company, which took over three years to strike …

India Energy Supply Power Projects Renewable Adani

3 weeks, 5 days ago

Andhra Pradesh extends power supply deadline for Adani Green Energy

Live Mint

New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. To Mint's queries on the extension from the Andhra Pradesh government, a spokesperson for Adani Green said the scheduled completion date of the …

India Supply Renewable Energy Green Company Solar Power Sec

3 weeks, 6 days ago

‘Adani power deal under scrutiny’: Andhra official

Hindustan Times

The Andhra Pradesh government is examining whether the state can cancel a contract with the Solar Energy Corp of India 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. The allegation is that SECI entered into an agreement with the Adani …

State Adani Andhra Seci Power Deal

4 weeks ago

Stalin attacks PMK founder, dismisses Adani link claims

Hindustan Times

Tamil Nadu chief minister MK Stalin on Monday hit out at S Ramadoss, founder of the Pattali Makkal Katchi, an ally in the NDA, over the latter’s allegation that the DMK chief and industrialist Gautam Adani held a secret meeting in Chennai at the CM’s residence. Tamil Nadu Chief Minister MK Stalin claimed Ramadoss keeps issuing such statements “as he …

India Tamil Nadu Solar Power Minister Chief Stalin Nda

4 weeks, 1 day ago

Adani bribery row: Jagan Reddy's party leader says defector signed SECI papers

India Today

YSRCP leader Chevireddy Bhaskar Reddy slammed former Andhra Pradesh power minister Balineni Srinivas Reddy for his baseless comments against Jagan Mohan Reddy. BALINENI BLAMES JAGAN REDDY Balineni, who quit the YSRCP on September 18 and later joined the Jana Sena Party, recently accused party president and former chief minister YS Jagan Mohan Reddy of wrongdoing. Chavireddy made similar arguments, saying: …

Energy Jagan Agreement Cabinet Ysrcp Jagan Mohan Reddy Jagan Reddy

4 weeks, 1 day ago

Jagan Reddy's party defend SECI deal, dismisses Adani link allegations as baseless

India Today

Former minister Kakani Govardhan Reddy defended the YSR Congress party government’s power purchase policies, asserting that all transactions were conducted transparently with the Solar Energy Corporation of India, a central government entity, and not with the Adani Group as alleged by opposition parties. Speaking to the media, Reddy stated that the YS Jagan Mohan Reddy-led government had purchased power at …

Power Reddy Balineni Seci

1 month ago

Why SECI struggles to find buyers for its renewable energy tenders

Live Mint

The Solar Energy Corp. of India plays a key role in India's renewable energy push by acting as a central intermediary between private power producers and state power distribution companies. The indictment says Adani executives paid bribes to secure agreements with discoms to buy solar power from Seci, in a bid that Adani Green had won in a 2019 tender. …

India Energy Supply Renewable Energy Power Demand Renewable

1 month ago

Jagan Reddy embroiled in Adani bribery case: Timeline of meetings, power purchase

India Today

The United States Securities and Exchange Commission has alleged that Gautam Adani personally met with the then Chief Minister of Andhra Pradesh, Jagan Mohan Reddy, in August 2021, and discussed the matter of the power supply agreement and the `incentives” needed to make the state government enter into a deal for purchase of 7,000 MW of power. KEY ALLEGATIONS AND …

Power Jagan Agreement State Sec Pradesh Gautam Adani

1 month ago

‘No engagement with Adani in Odisha, claims incorrect’: BJD clarifies after BJP attack over Gautam Adani ’bribe’ charges

Live Mint

The Biju Janata Dal on Friday issued a clarification regarding power purchase agreements in Odisha, and emphatically denied allegations that state government officials took bribes from the Adani group to supply renewable energy to the state from the central pool. In the written exposition, the BJD claimed that the power purchase agreement made three years ago was between two government …

Energy Odisha Renewable Energy Power State Bjp Group

‘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 …

Congress Jagan State Pti Ysrcp Adani Seci

1 month ago

5 things about SECI, the PSU mentioned in US indictment of Gautam Adani

Firstpost

SECI holds Navratna status, a designation granted by the Government of India to PSUs for exceptional performance. This gives SECI with greater financial and operational autonomy to make decisions, invest, and expand operations without extensive government approvals SECI is a Navratna PSU at the heart of the US indictment against Gautam Adani. Image sources: Pixabay/Wikimedia Commons The Solar Energy Corporation …

India Energy Power Renewable Gautam Adani Indictment Psu

1 month ago

Gautam Adani bribery case: No direct agreement involved, says Jagan Reddy’s YSRCP over charges of power purchase

Live Mint

Gautam Adani bribery case: The YSR Congress party has said that its government in Andhra Pradesh had no direct agreement with Adani Group. Former chief minister Jagan Mohan Reddy-led party's reaction came in response to Adani Group getting indicted by the US Department of Justice for allegedly paying bribes for solar power contracts in Andhra Pradesh during YSRCP rule. In …

Power Jagan Agreement State Ysrcp Adani Seci

1 month ago

Arrest warrant against Gautam Adani was unsealed in US court last month

India Today

An arrest warrant against Gautam Adani was unsealed in a New York court last month after the billionaire industrialist was indicted on charges of bribery and fraud. Speaking to India Today, senior advocate Vijay Aggarwal said just because an arrest warrant has been issued in America, it doesn't mean that Adani will be arrested. The US Justice Department has accused …

India Adani Arrest Warrant Seci

1 month ago

Adani met Jagan Reddy in 2021, promised bribes, says US regulator

India Today

The United States Securities and Exchange Commission has alleged that Gautam Adani met then Andhra Pradesh Chief Minister Jagan Mohan Reddy in August 2021 to address the state's reluctance to sign an agreement with the government-run Solar Energy Corporation of India. However, Jagan Reddy's party, which was in power between 2019-2024, said its government had no "direct agreement" with the …

Power Solar Solar Power Agreement State Reddy Pradesh

1 month ago

Adani bribery charge sparks political storm: Centre, states react to US claims

India Today

Four states - Andhra Pradesh, Chhattisgarh, Odisha and Tamil Nadu - and one Union Territory, Jammu and Kashmir, came into focus after US prosecutors indicted industrialist Gautam Adani and seven others for allegedly paying bribes to Indian government officials for securing solar power contracts. ANDHRA PRADESH Andhra Pradesh Chief Minister Chandrababu Naidu on Friday addressed the US allegations of bribery …

India Energy Odisha Congress Allegations Power Solar

1 month ago

MK Stalin's DMK government in Tamil Nadu rejects Adani bribe allegations, demands probe amid political fallout - Tamil Nadu News

India Today

The DMK government in Tamil Nadu has denied any direct ties to the Adani group following allegations in a US court that the conglomerate promised bribes to Indian government officials between July 2021 and February 2022. Tamil Nadu Electricity Minister Senthil Balaji clarified that the state’s power department has not entered into any direct agreements with the Adani group since …

Tamil Nadu Allegations Power Tamil State Bjp Group

1 month ago

YSRC Denies Direct Agreement Between AP Discoms and Adani Group

Deccan Chronicle

Vijayawada: The YSRC has denied allegations of a direct agreement between Andhra Pradesh Discoms and the Adani Group following claims of bribery involving government officials to secure power, as reported in an indictment by the US Department of Justice. In a statement issued on Thursday, the YSRC clarified that it received an offer from the Solar Energy Corporation of India …

Seci Ysrc Denies

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Articles for Seci, search results for adani

Adani deal under bribery scrutiny was approved against officials’ advice

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

Data dive: Dark clouds hover over India’s solar story

Cancel pact with SECI, CPI secretary writes to CM Chandrababu Naidu

Why it's a rocky road ahead for Adani Group

The Adani-Modi Nexus Faces Its Greatest Test

YS Jagan Reddy denies alleged link with Adani group, threatens legal action against media

Adani allegations shine spotlight on India’s clean energy conundrum

Andhra Pradesh extends power supply deadline for Adani Green Energy

‘Adani power deal under scrutiny’: Andhra official

Stalin attacks PMK founder, dismisses Adani link claims

Adani bribery row: Jagan Reddy's party leader says defector signed SECI papers

Jagan Reddy's party defend SECI deal, dismisses Adani link allegations as baseless

Why SECI struggles to find buyers for its renewable energy tenders

Jagan Reddy embroiled in Adani bribery case: Timeline of meetings, power purchase

‘No engagement with Adani in Odisha, claims incorrect’: BJD clarifies after BJP attack over Gautam Adani ’bribe’ charges

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

5 things about SECI, the PSU mentioned in US indictment of Gautam Adani

Gautam Adani bribery case: No direct agreement involved, says Jagan Reddy’s YSRCP over charges of power purchase

Arrest warrant against Gautam Adani was unsealed in US court last month

Adani met Jagan Reddy in 2021, promised bribes, says US regulator

Adani bribery charge sparks political storm: Centre, states react to US claims

MK Stalin's DMK government in Tamil Nadu rejects Adani bribe allegations, demands probe amid political fallout - Tamil Nadu News

YSRC Denies Direct Agreement Between AP Discoms and Adani Group