Pledge agreements show Adani Green could have breached loan covenants
The US indictment alleging bribery for solar contracts by the company’s promoters and management has activated many potential issues in loan agreements signed by the renewables major.
1 December, 2024•15 min
0
1 December, 2024•15 min
0
Getting your Trinity Audio player ready...

More in Business
Business
Ajay Singh’s SpiceJet turnaround story is running on fumes
As much as he would like to convince investors about the airline’s prospects, it’s increasingly clear the low-cost carrier is just about managing to stay afloat.
You may also like
Business
A chaotic week for Adani group speaks volumes about India’s energy scene
From crippling solar tariffs and a sovereign fund exit to revived power contracts, a turbulent week highlights the group’s contested yet indispensable role in India’s energy transition.
Business
Can Adani pull off the 100% green AI promise?
The group’s $100 billion data centre push rests on solving clean energy’s toughest constraint: consistent, real-time renewable supply at scale.
Business
Why Adani Green’s rapid expansion is hurting its bottom line
The renewable energy firm’s profit plunges 99% to its lowest since 2020 as surging finance costs erase gains from record energy sales.







