The SEC has accused Gautam Adani of bribing Andhra Pradesh officials in 2021 to secure a solar power deal with SECI. A ₹1,750 crore bribe was offered to Jagan Mohan Reddy, leading to a seven-gigawatt purchase. Adani Group allegedly paid $265 million in bribes from 2021-2023 to secure contracts in multiple states. Adani denies the allegations and plans legal action, calling them baseless.