Coalgate2: Adani benefits from highly questionable allocations of coal
According to media reports and an Indian MP, the Adani Group has carried out a highly questionable transfer of millions of tonnes of coal from a controversial mine whose allocation to the Adani Group was also carried out in a questionable manner. The coal, supposedly owned by a state-owned power company, was instead burnt in three Adani coal-power plants. Recent media reports that have not been denied suggest that there have been several instances of questionable allocation and diversion of coal by group companies. These reports delve further into one of the damning allegations against the Adani Group published by Hindenburg Research in January.
Adani Power Limited vs Haryana: The making of a power crisis
An engineers’ union has alleged that an Adani-owned coal-power station is part of an unauthorised scheme to divert electricity that is contracted to supply the northern Indian state of Haryana to the western state of Gujarat – the home state of Adani chairman Gautam Adani and India’s Prime Minister Narendra Modi. According to the union’s complaint to authorities, the diversion occurred in the peak of the summer months, while Haryana was facing a debilitating heat wave and rolling blackouts, and again recently, during an election period in Gujarat.