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Adani Group loses major solar-power contracts in India by mid-2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcements from Adani Group or official government statements regarding contract cancellations
Story
SEC Summons Gautam Adani, Nephew Over $265M Bribery for Solar Contracts
Nov 24, 2024, 09:10 AM
The U.S. Securities and Exchange Commission (SEC) has summoned Indian billionaire Gautam Adani and his nephew Sagar Adani to address allegations of paying $265 million in bribes to secure solar-power contracts. The SEC's investigation focuses on the Adani Group's activities in India, where the conglomerate has been accused of engaging in corrupt practices to win lucrative deals.
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No impact • 25%
Projects halted • 25%
New projects delayed • 25%
Business expansion • 25%
Azure • 25%
CDPQ • 25%
Government of India • 25%
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US influence • 25%
Corruption concerns • 25%
Public pressure • 25%
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Debt restructured • 25%
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Increased by over 10% • 25%
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