అదాని బొగ్గు కుంభకోణం? భారీగా ప్రజలపై భారం || Adani Coal Scam? Big power tariff on people ||

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#adani #gautamadani #adanigroup #adaninews #adanienterprises #adaniscam #adanipower #adanifpo #adaniports #adanigroupshares #adanicoal
అదాని బొగ్గు కుంభకోణం? భారీగా ప్రజలపై భారం || Adani Coal Scam? Big power tariff on people ||

Adani suspected of fraud by selling low-grade coal as high-value fuel

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https://www.ft.com/content/7451f2de-9...

Adani Group passed off low-quality coal as far more expensive cleaner fuel in transactions with an Indian state power utility, according to evidence seen by the Financial Times that throws new light on allegations of a long-running coal scam.

The documents, secured by the Organized Crime and Corruption Reporting Project (OCCRP) and reviewed by the FT, add a potential environmental dimension to accusations of corruption associated with the Indian conglomerate. They suggest that Adani may have fraudulently obtained bumper profits at the expense of air quality, since using low-grade coal for power means burning more of the fuel.

Invoices show that in January 2014 Adani purchased an Indonesian shipment of coal said to contain 3,500 calories per kilogramme. The same shipment was sold to the Tamil Nadu Generation and Distribution company (Tangedco) as 6,000-calorie coal, one of the most valuable grades. Adani appears to have more than doubled its money in the process, after transport costs.
https://www.ft.com/content/7451f2de-9...