Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the French oil major said it was pausing new investments into the Adani Group over U.

French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).

Embattled billionaire Gautam Adani's group on Tuesday said French energy giant TotalEnergies' decision to pause new investments in the group will not have any material impact on operations and growth

India's Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the U.S. indictment of the group's billionaire founder Gautam Adani over an alleged bribery scheme,

India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,

The AP government says it is ‘digging into all the internal files’ from the previous administration. This move comes days after the US Securities and Exchange Commission (SEC) indicted Gautam Adani, Sagar Adani,