Home › Categories › Corporate Reports› Adani Empire

Adani Empire.pdf

fCEF_Crony-Capitalism-is-at-the-heart-of-the-Adani-family-empire_13Feb2023-2.pdf

🔗 Source: climateenergyfinance.org

📊 Size: 276 KB

👤 Author: Tim Buckley

⬇️ Downloads: 210

Summary

The Adani family's rise to becoming the third richest in the world is attributed to crony capitalism, with considerable support from the Indian government since 2014. The family's conglomerate has received numerous favorable deals, including a $2bn contract for a coal power plant, $1.5bn in loans from government-controlled banks, and a 25-year power purchase agreement with Bangladesh. The Adani Group has also been awarded contracts for coal blocks, airports, and solar projects, often with favorable terms. Additionally, the group has been accused of fraud and stock market manipulation, and has faced allegations of human rights concerns and environmental damage. Despite this, the Adani Group remains a corporate behemoth, with a collective value of ~$69bn.

Download File

Description

The Adani family's rise to becoming the third richest in the world is attributed to crony capitalism, with considerable support from the Indian government...

Technical Information

File Format: PDF
File Size: 276 KB
Pages: 3
Language: EN
Author: Tim Buckley
Total Downloads: 210
Last Updated: 1 week ago

Document Overview

This PDF document about Adani Empire provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Adani Empire.