US SEC has no jurisdiction to summon foreign national; Adani notice to go via 'proper channel'
US Securities and Exchange Commission (SEC) wants Adanis to explain their stand on allegations of paying bribes to secure lucrative solar power contracts but that request will have to follow the established protocol of routing it through the Indian Embassy in the US and following other diplomatic formalities, two sources aware of the matter said.
BJD says allegations of Adani paying bribe to Odisha govt officials 'false'
" The opposition party headed by former CM Naveen Patnaik also claimed that the case of Odisha is different from that of other states as the BJD government privatised power distribution and the administration has no direct link with agreements made for availing renewable energy.
Furious India rejects 'unfair', 'stage-managed' climate finance deal
India on Sunday fiercely rejected the paltry USD 300 billion climate finance package for the Global South and said the COP29 presidency and the UN climate change office forced through the deal before allowing it to voice its objections.
Adani US indictment: US charges relate to a single contract, no public co accused, says Adani Group CFO
Adani Group CFO Jugeshinder Robbie Singh clarified that the US bribery charges only concern a single contract representing 10% of Adani Green Energy's operations. While aware of an ongoing investigation, the group claims it learned of the specific charges two days prior. Singh emphasized that none of the 11 publicly listed Adani companies are implicated in any wrongdoing.
Union Minister Manohar Lal launches NTPC's green hydrogen buses in Leh
Union Minister of Power and Housing & Urban Affairs Manohar Lal on Saturday flagged off a fleet of green hydrogen buses of NTPC at Leh in the presence of senior officials of the Ministry of Power, Leh Administration, and NTPC on Saturday.
India’s energy demand to grow 5.5% in FY25; renewables to dominate new capacity
The all-India peak demand reached a record high of 250 GW in May 2024 but moderated during Q2 due to favorable monsoon conditions and slower industrial activity.
Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say
Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part of India's largest solar park to France's TotalEnergies, prosecutors allege in legal documents reviewed by Reuters.
ACME Cleantech, BASF sign agreement to supply green ammonia to Europe
ACME Cleantech has signed a Heads of Agreement with BASF to supply green ammonia to Europe and a Memorandum of Understanding to explore further collaboration in the green ammonia business.
Assam Congress demands discussion on 90 MW solar plant set up by Azure Power and Adani Green
Assam Pradesh Congress Committee President Bhupen Kumar Borah said that the matter of Assam should also be discussed when the JPC is formed.
YSRCP says no links with Adani group in solar power purchase deal
Party said that the govt when YS Jagan Mohan Reddy during regime had signed a deal with central PSU-SECI, not with any private firm including Adani group.