'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme

Q: How long will it take to read this news story?

The story "&#039;Corrupt Solar Project&#039;: Adani embroiled in US findings of bribery scheme" has 878 words across 32 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "&#039;Corrupt Solar Project&#039;: Adani embroiled in US findings of bribery scheme" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 305 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23903422</li><li>URL: https://beamstart.com/news/corrupt-solar-project-adani-embroiled-173269639158</li></ul>

Business Standard Logo Business Standard 8h ago

'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme - Business Standard

Quick Summary:

Adani Group denied the allegations as "baseless", while Indian government officials haven't commented so far.

Between 2019 and 2020, Adani Green and Azure were awarded renewable energy tenders by Solar Energy Corporation of India (SECI), a federal government-owned entity.

One way discussed was to describe the payment internally at Azure as a "development fee", but it instead used another option of getting Azure to transfer one of its projects to Adani in lieu of part of the payment, US authorities alleged.