The state has asked its nodal anti-corruption watchdog to investigate the issue after news reports in May revealed that the conglomerate sold it poor quality coal at 3x the price.
The Tamil Nadu government has ordered the state’s apex anti-corruption investigating agency, Directorate of Vigilance and Anti-Corruption, to conduct an inquiry into allegations of fraudulent coal sales by the Adani group to the state’s power utility, according to a report by The News Minute. The conglomerate is accused of fraudulently passing off low-grade coal as high-grade, at 3x the original price, to the Tamil Nadu Generation and Distribution Corporation (TANGEDCO).
In May, an investigation by the Financial Times and the Organised Crime and Corruption Reporting Project revealed that at least two dozen shipments of low-grade coal arrived from Indonesia between …
Maanav is a trainee journalist at The Morning Context. He studied journalism and international relations at St. Joseph’s in Bengaluru.
Trainee journalist
maanav@mailtmc.com
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