Andhra Pradesh Awaits US Court Outcome in Adani Case

Andhra Pradesh Chief Minister N Chandrababu Naidu has stated that no action will be taken against Adani Green Energy Limited regarding bribery allegations until concrete proof is obtained. The allegations involve alleged bribes offered by Gautam Adani to secure solar energy contracts with the state's electricity distribution companies, as mentioned in a US court indictment. Naidu emphasized that the state government cannot withdraw from these agreements without substantial evidence, as doing so could result in legal and financial consequences. Naidu insisted that his government does not engage in political vendettas and will act only when evidence is clear, highlighting ongoing inquiries into potential misconduct during YS Jagan Mohan Reddy's tenure. The Adani Group has dismissed the allegations as unfounded, criticizing the US action and the subsequent reporting. The situation remains under scrutiny as the Andhra Pradesh government awaits further developments in US court proceedings.