Adani Troubles Expose Messy Underpinnings of India’s Solar Boom

  • US prosecutors accuse Adani of plotting to bribe officials
  • ‘Hybrid’ tenders have played to the conglomerate’s strengths
Workers install solar panels at the development site of Adani Green Energy's renewable energy park in Gujarat.

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It was billionaire Gautam Adani’s most spectacular renewable energy winBloomberg Terminal. Now a record solar auction is at the heart of a crisis that is testing not only his coal-to-airports empire, but the foundations of India’s green boom.