Adani Deal Under Scrutiny from Andhra Government

Solar Energy Corporation of India (SECI) has defended the "transfer" of the 2,333 MW power project as Chandrababu Naidu's government in Andhra Pradesh continues to debate the fate of the Adani deal, which was linked to bribery allegations by the US prosecutors.

The Central Electricity Regulatory Commission, an Indian power regulatory body, asked the SECI on October 28 this year if the transfer of power capacity from Azure Power to Adani Green Energy was allowed under the tender floated in 2019.

SECI responded by stating that the transfer was made in the larger “public interest” and the transfer did not affect the “the essential terms” on which the regulatory approval was given.

“When Azure Power did not proceed to implement the project, state of Andhra Pradesh had required the quantum of power of 2,333 mw. SECI thus considered it prudent to allocate the quantum to Adani Group on the same terms and conditions so that Andhra Pradesh will have the availability of full quantum of 7,000 mw power they had intended to procure” - SECI