Here are the Indian agencies at centre of controversy in Adani bribery case
Billionaire industrialist Gautam Adani has been charged by the United States in an alleged bribery and fraud scheme amounting to $265 million.
US prosecutors alleged that Adani, his nephew Sagar Adani, and six other defendants paid bribes to Indian government officials to secure solar energy supply contracts yielding $2 billion in profits over 20 years. In addition, there are agencies amid of controversy, whose officers and employees were bribed as per the US probe.
The Solar Energy Corporation of India
The Solar Energy Corporation of India (SECI) has found itself at the centre of a huge controversy in the wake of the probe. SECL is a company of the Ministry of New and Renewable Energy under the central government of India whose mission is to increase the use of renewable-energy in India. According to US probe their officials were bribed to secure solar energy contracts.
Over half-a-dozen state power distribution companies
The US probe states that Adani Green Energy, bribed government officials in Chhattisgarh, Tamil Nadu, Odisha, Andhra Pradesh, and Jammu and Kashmir (J&K), to get their power distribution companies (discoms) to commit to purchasing solar power at above market rates. The Chhattisgarh State Power Distribution Company Limited, Tamil Nadu Generation and Distribution Corporation Limited, GRIDCO Limited, it is business of transmission and bulk supply of electricity and other related activities under an exclusive license issued by Odisha Electricity Regulatory Commission, Jammu Kashmir Power Corporation Limited, Andhra Pradesh Central Power Distribution Corporation Limited, Andhra Pradesh Eastern Power Distribution Company Limited and Andhra Pradesh Southern Power Distribution Company Limited (collectively, the "State Distribution Companies") are the electricity distribution companies in India that are state-controlled. The probe states that their officials were also involved in the bribery scam.
