The Adani Group says the US Department of Justice itself has said that the indictment charges are "allegations" and that it “must be presumed innocent unless and until proven guilty.”
Adani Green Energy will supply 5 GW (or 5,000 MW) of solar power to Maharashtra, while Adani Power will provide 1,496 MW (net) thermal power to the state.
Adani Power will acquire 100% shareholding in LAPL through an upfront cash payment, as part of LAPL’s Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code.
The key listed Indian firms that have exposure to Bangladesh are Adani Power, VIP, Emami, Marico, Dabur, Asian Paints, Pidilite, Tata Motors, and Hero MotoCorp.
Adani Power CEO SB Khyalia says the company has undertaken advanced activities to secure execution pipelines for 3 ultra-supercritical projects of 1,600 MW each