June 24 (Reuters) - Adani Group Chairman Gautam Adani on

Tuesday denied any wrongdoing in response to U.S. allegations of

bribery, telling shareholders that no individual from the group

has been charged under the U.S. Foreign Corrupt Practices Act

(FCPA).

"Despite all the noise, the facts are that no one from the

Adani Group has been charged with violating the FCPA or

conspiring to obstruct justice," Adani said at the company's

annual general meeting.

"Even in the face of the storms and relentless scrutiny, the

Adani Group has never backed down," he said.

In November, U.S. authorities indicted Adani and several

executives, alleging they paid bribes to secure Indian power

contracts and misled U.S. investors. The Adani Group has

rejected the allegations as "baseless" and said it was

cooperating with legal processes.

Adani Group and its 13 offshore investors have been facing

an investigation by the Securities and Exchange Board of India

(SEBI) since Hindenburg Research in 2023 alleged the group's

improper use of tax havens. The group has consistently denied

any wrongdoing.

The company, which is constructing the world's largest

renewable energy park in Khavda, western India, aims to install

50 gigawatts (GW) of renewable capacity by 2030.

With combined thermal, renewable and pumped hydro assets,

Adani Group expects to reach a total power generation capacity

of 100 gigawatts by 2030, Adani said.

Adani also announced a record capital expenditure plan,

saying the group expects to invest between $15 billion and $20

billion annually over the next five years.

(Reporting by Sethuraman NR and Hritam Mukherjee in Bengaluru;

Editing by Anil D'Silva)