Nov 28 (Reuters) - The former chief minister of India's
Andhra Pradesh state refuted on Thursday bribery allegations and
any involvement by the Adani Group in the state government's
purchase of solar power while he was in power.
In his first comments after facing allegations of
corruption, Jagan Mohan Reddy dismissed any state involvement
with Adani in the deal. He said the agreement was between the
government and the Solar Energy Corporation of India, which
awards power-supply contracts to companies, and no third party.
"Adani meeting me is nothing out of ordinary. He would have
met me several times during my tenure. He has got ongoing
projects in Andhra Pradesh," Reddy said in a press briefing.
Reuters earlier reported that the southern state is likely
to suspend a power-purchase deal linked to the Adani Group due
to Gautam Adani's indictment in the U.S., and will ask the SECI
and the federal government to investigate the charges.
U.S. authorities have accused Gautam Adani, his nephew and
executive director Sagar Adani and managing director of Adani
Green, Vneet S. Jaain, of being part of a scheme to pay bribes
of $265 million to secure Indian power-supply contracts, and
misleading U.S. investors during fund raises there.
Most of the alleged bribes - $228 million - were paid to a
government official to entice Andhra Pradesh's state
electricity-distribution companies to agree to purchase power,
the U.S. indictment said.
Adani Group has denied all allegations made by the U.S.
Department of Justice and the Securities and Exchange Commission
as "baseless" and said it was fully compliant with all laws.