Gautam Adani & cos get CCI clean chit in US bribery allegations in SECI tender case

Competition Panel Rejects Complaint Against Adani Group, Azure Power In Solar Tender Case

Rejecting the complaint, the Competition Commission of India (CCI), in its order, observed that the country's power generation market comprises many significant public and private players, and that Adani Group, prima facie, does not appear to be a dominant player.

Gautam Adani & cos get CCI clean chit in US bribery allegations in SECI tender case

Gautam Adani and his group companies have been cleared by the Competition Commission of India. The allegations involved bribery in a solar energy tender case. US prosecutors had accused the Adani Group of bribing Indian officials for solar contracts. The Competition Commission found no evidence of wrongdoing. This development provides a significant reprieve for the Adani Group amidst ongoing scrutiny.

CCI clears Adani in manufacturing-linked solar case

The Competition Commission of India has closed the matter involving Adani Enterprises Ltd, Adani Green Energy Ltd, Azure Power India, and the Solar Energy Corp. of India, finding no prima facie case of anti-competitive conduct in the award of capacity under a manufacturing-linked solar tender floated by SECI in 2019. The Competition Commission of India has closed the matter involving Adani Enterprises Ltd, Adani Green Energy Ltd, Azure Power Ind…

CCI Rejects Allegations Against Adani, Azure in Solar Tender Case

CCI dismisses anti-competition allegations in SECI solar tender, finding no dominance or violations by Adani Group, Azure Power, or other players.

Adanis Get Clean Chit From CCI In Solar Energy Tender Case

New Delhi: The Competition Commission of India (CCI) has rejected a complaint against Adani Group entities and others, finding no prima-facie evidence of anti-competitive practices in the award of a tender by the Solar Energy Corporation of India (SECI). The complainant, Ravi Sharma, had accused Adani Enterprises, Adani Green Energy Four, Gautam Adani, Sagar Adani, Azure Power India, SECI and several state power utilities of contravening competi…

CCI Clears Adani Group in SECI Solar Tender Case

India’s competition regulator, the Competition Commission of India (CCI), has dismissed allegations of anti-competitive practices in a major solar tender issued by the Solar Energy Corporation of India (SECI). The case involved companies including the Adani Group and Azure Power, with the CCI stating there was no prima facie evidence of wrongdoing. The regulator noted that India’s power sector remains highly competitive, with multiple key player…