The Andhra Pradesh government, led by N Chandrababu Naidu, is considering terminating or renegotiating a 7,000 MW solar power agreement with Adani group due to alleged bribery charges. Possible actions include invoking an integrity pact or paying penalties,

The former chief minister of India's Andhra Pradesh state refuted on Thursday bribery allegations and any involvement by the Adani Group in the state government's purchase of solar power while he was in power.

“Foreign Official #1” is how the indictment document by the United States identifies a high-ranking official in Andhra Pradesh whom Gautam Adani is claimed to have met personally in August 2021 to allegedly offer bribes to get solar contracts. The indictment document does not reveal the official’s name.

Andhra Pradesh state may suspend a power purchase deal connected to Adani Group after U.S. charges against founder Gautam Adani for alleged bribery. The state plans to request a federal investigation and is set to make the suspension announcement soon.

The alleged bribery scheme involving industrialist Gautam Adani, as detailed in a recent US indictment, has stirred political tensions in Andhra Pradesh. With over Rs 1,750 crore of the bribe reportedly paid to a senior official,

India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said.

Andhra Pradesh state considers suspending power purchase deal with Adani Group over bribery charges, pending investigation.

Andhra Pradesh is set to suspend a power purchase agreement with the Adani Group following U.S. indictment of founder Gautam Adani for alleged bribery. The state plans to request federal investigation while clauses in existing agreements allow for contract termination under such transgression.

Congress and other opposition parties accuse the government of Prime Minister Narendra Modi of protecting billionaire Gautam Adani.

The power purchase agreement was between Andhra Pradesh government discoms and the Solar Energy Corporation of India (SECI) – two government agencies. No others, including industrialist Gautam Adani or the Adani Group,