BENGALURU, India (AP) When the bidders for India’s multibillion-dollar incentive to make solar components were announced in early March, the absence of corporate behemoth Adani Group was conspicuous. The group which set up a gigantic factory to make solar equipment in 2016, more than tripled its capacity to make solar panels since 2017 […]
Gautam Adani and his companies lost tens of billions of dollars and their stock plummeted after the businesses were accused of fraud and stock price manipulation
The group has a considerable stake in India's clean energy future: Adani’s renewable energy ambitions account for 10% of the country’s clean energy goals.