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Published 2 years ago • loading... • Updated 2 years ago

Do Adani’s Woes Matter for India’s Clean Energy Transition?

Summary by Ground News

The Adani Group has been in a holding pattern since U.S. short-selling firm Hindenburg Research alleged in late January that the businesses had engaged in fraud and stock price manipulation. Spooked investors dumped tens of billions of dollars in shares, while the company's purported proximity to Indian Prime Minister Narendra Modi has dominated politics. But some analysts say the group's woes won't hurt India's energy transition, especially in the medium and long term.

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Do Adani’s Woes Matter for India’s Clean Energy Transition?

Adani is still working on existing renewables projects but not those in the pipeline.

2 years ago·Tokyo, Japan

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The Diplomat broke the news in Tokyo, Japan 2 years ago on Tuesday, March 28, 2023.

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