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India’s Adani Green Energy faces $250m bribery claims

A significant solar auction in India from 2020 is under scrutiny following bribery allegations involving Adani Green Energy Ltd.

United States prosecutors allege that Adani and others promised bribes exceeding US$250 million to secure this contract.

The contract involved 8 gigawatts of solar capacity and commitments to expand manufacturing.

US prosecutors claim Adani officials met with regional authorities to influence state electricity purchases, offering large bribes to secure deals.

The Adani Group has denied these accusations, asserting that government policies encouraged sector growth and that procurement restrictions were absent at the auction time.

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