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Adani-Andhra deal, under bribery scrutiny, was approved against officials' advice

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Content Team
Image Credit: newsbytes

The Andhra Pradesh government is facing flak for approving a massive solar contract with Adani Green, despite warnings from financial and energy officials. The deal, which could cost the state over $490 million annually, is now being probed by US prosecutors for potential bribery. The Solar Energy Corporation of India (SECI) had presented this proposal for India's largest renewables contract on September 15, 2021. This came despite the state's energy regulator previously stating no immediate need for solar power.