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Adani Watch, News

Adani’s power grab sparks fears of privatisation

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A grab by the Adani Group for power-transmission licences in Mumbai and a satellite of new Delhi is part of a wider push for privatisation of the power-distribution sector, according to electricity unions. Industrial action in January 2023 prompted government officials to consider this concern. However, the ultimate decision-making authority lies with a regulatory body. Unions protesting about Adani’s move are concerned the company will ‘cherry pick’ its customers.

Adani Watch, News

Adani completes takeover of formerly independent TV station

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The Adani Group is now the majority owner of the Indian television news network NDTV (New Delhi Television) after its co-founders, husband and wife Prannoy and Radhika Roy, sold most of their stake to the Group over the Christmas period. In a statement, the Roys said they have had discussions with Adani Group chairman, Gautam Adani, and that they are hopeful he will preserve NDTV’s values of Trust, Credibility and Independence.

Adani Watch, News

Adani Power Limited vs Haryana: The making of a power crisis

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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.

Adani Watch, News

Rahul Gandhi in the thick of a three-government stoush over Adani’s Hasdeo coal projects

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Adani’s plans for huge new coal mines in India’s Hasdeo forests have created a political stoush involving three governments. One state government has asked the national government to revoke mining permits. Another wants the coal. And the national government says the decision to destroy the forests has already been made. In the midst of all this is Rahul Gandhi, one of India’s most prominent politicians.

News, The Probe

Pawan Hans Sale: Cayman firm’s owners’ claims don’t add up

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In an interview with The Probe, Amardeep Sharma, the owner of the Cayman Islands-registered Almas Global Opportunity Fund (AGOF), claimed that the entity was eligible to bid for the government-owned helicopter service provider Pawan Hans Limited. He also asserted that the fund had no connection to Kudakwashe Reginald Tagwirei – a controversial businessman from Zimbabwe who has been sanctioned by the governments of the United States and the United Kingdom.

News, News Click

EXCLUSIVE: Absconding Arms Agent Sanjay Bhandari Claims French Firm Promised €20mn for Defence Deal But Cheated Him

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Bhandari, who the Indian government wants to extradite from the UK, has alleged in court that French firm Thales cheated him through a complex structure of companies, one of which is promoted by a firm founded by Rajeev Chandrasekhar, Minister of State for Electronics and IT. The allegations, yet to be proven, find place in documents lodged in a French court. The Indian media has not picked up the story.

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