Featured in 2025 Unboxed – 02-2025

Adani: Capital is no constraint

Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.

By

Uma Gupta

07 Feb 2025

Adani Group is investing in vertically integrated solar manufacturing, from polysilicon to module assembly. | Photo: Adani Group

In late 2024, US authorities alleged that Adani Group Chairman Gautam Adani, along with other senior staff, was involved in a scheme to pay bribes to secure power supply contracts in India, misleading investors in the United States as a result.Adani and some other colleagues remain under indictment in the United States and it is …

This article is part of pv+

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