Andhra Pradesh reviews power contract with Adani Group amid legal issues

Andhra Pradesh is currently evaluating government documents to determine if it is possible to terminate a power supply agreement linked to the Adani Group.

This decision is being made in light of recent developments involving the group's founder, who has been charged in the United States.

A high-ranking official has confirmed that the state is considering this option, suggesting a potential change in the government's position towards the Adani Group amidst ongoing scrutiny.

This situation highlights growing concerns about the impact of the charges on business operations and contracts in the region.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings