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The Latest Breaking News from Adani Power

Adani restores full electricity supply to Bangladesh after four months

Adani had to halve supply to conflict-hit country as Dhaka defaulted on payments while battling a foreign exchange shortage

The Independent UK

Morning Digest | Assam Police book Rahul Gandhi for ‘violence’ during Nyay Yatra; Maldives rules out research by Chinese vessel in its waters, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on January 24, 2024

The Hindu

Judicial interventions in ongoing cases against NewsClick: A timeline of events

We take a look at the chronology of events pertaining to interventions by High Courts in the ongoing cases against NewsClick

The Hindu

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read the most diverse news in one place.

SEBI is ‘reluctant’ to probe allegations against the Adani Group, Congress alleges

Congress alleges SEBI reluctant to probe Adani Group; reiterates demand for JPC probe to bring out truth. Citing news report, Jairam Ramesh claims “stench of illegality” around Adani-linked shell company Opal Investment

The Hindu

Only two offers for power supply under ‘swap’ arrangement

Two companies (APPCPL, Manikaran Power) agreed to supply power under 'swap' arrangement. APPCPL to supply 150 MW in Nov & 50 MW in Mar 2024. KSEB to return power during June-Sept 2024. Adani Power & DB Power quote ₹6.88/unit for 303 MW & 100 MW respectively. Short-term supply of 150…

The Hindu

Two companies quote ₹6.88 per unit for medium-term contracts for power supply

KSEB has invited bids for 500 MW of power to avert a power crisis in Kerala. Adani Power and DB Power have agreed to supply 303 MW and 100 MW respectively at ₹6.88 per unit after a reverse bidding process. KSEB will finalise a decision and obtain approval from the…

The Hindu

What has India’s Adani Group now been accused of?

Reporters network says it has documents backing allegations that Adani used offshore tax havens to drive up share price.

Al Jazeera

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After Congress, AAP demands probe into Adani Power issue

AAP Rajya Sabha MP Sanjay Singh demanded action against officials and Ministers in Gujarat for alleged excess payment to Adani Power Mundra Limited over five years under two power purchase agreements.

The Hindu

Gujarat power utility made ‘excess payment’ of ₹3,900 crore to Adani: Congress

Gohil accuses Gujarat govt of favouring Adani Group by making excess payment of ₹3,900 crore. Govt denies scam, says payments ongoing & will be adjusted.

The Hindu

Joint Parliamentary Committee needed to probe allegations against Adani group: Congress

Congress alleges that the Supreme Court-appointed expert committee and the SEBI have “hit walls” while investigating the Adani group’s transactions and stressed the need for a JPC probe

The Hindu

Adani proposed coal ventures to sanctioned Myanmar military despite public vow to cut ties, leaked documents show

International pressure led to Adani vowing to cut ties with Myanmar's military junta in 2021. Now, leaked documents reveal how the resources giant had been privately negotiating coal ventures with the sanctioned regime leaders.

ABC News

Bangladesh in hot seat over Adani’s power deal

Bangladesh’s opposition has jumped on the recent controversy over the Indian tycoon to demand cancelling the power deal.

Al Jazeera

NGT imposes ₹52 crore penalty on Adani power plant for environmental pollution in coastal Karnataka

MoEFCC also directed to get fresh studies on carrying capacity and environment impact done before permitting further expansion

The Hindu

Indian Energy Tycoon Just $3B Behind Warren Buffett On Global Rich List As Power Arm Hits Key Milestone

While the Indian stock market slid into the red on Monday with other Asian peers, the stocks of the listed Adani companies continued to defy the market and hit new milestones. In a recent surge, the power, and energy arm of the Adani conglomerate, the Adani Power, crossed INR 1…

Benzinga

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The Hindu

SC disposes of GUVL-Adani group curative, says their relationship will be governed by compromise terms

The case relates to Adani Power's termination of the power purchase agreement with GUVL because the Gujarat Mineral Development Corporation had failed to supply coal to it.

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