An FIR by CBI relating to the alleged conspiracy to rig the coal import tender floated by APGENCO was lodged in India's capital, New Delhi, which implied Adani's connection to China in the coal-procurement scam.
The story begins on 26 June 2010, when the Andhra Pradesh Power Generation Corporation (APGENCO), a company owned by the state government of Andhra Pradesh in southern India, floated a tender to procure 600,000 metric tonnes of imported coal for three of its coal-power stations. Six companies—Maheshwari Brothers Coal Limited, Swarana Projects Private Limited, Gupta Coal India Limited, Kyori Oremen Limited, Adani Enterprises Limited ('Adani Enterprises') and Vyom Tradelinks Private Limited (VTPL)—participated in the bidding. Adani Enterprises won the bid.
Almost a decade later, on 15 January 2020, the Central Bureau of Investigation (CBI), the premier police investigative agency in India filed a first information report (FIR) against Adani Enterprises and three ...
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