In a recent investigation conducted by the Financial Times, it has come to light that the Adani Group, a powerful Indian conglomerate, has seemingly engaged in importing coal worth billions of dollars at prices substantially higher than the prevailing market rates, as per customs records scrutinized by the Financial Times. These findings corroborate longstanding accusations that Adani, being the country’s largest private coal importer, has been artificially inflating fuel costs. This practice has consequently resulted in millions of Indian consumers and businesses being overcharged for electricity.
