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The Adani Group is under scrutiny for allegedly engaging in fraudulent practices by selling low-grade coal as high-value fuel, as reported by the Financial Times. Evidence suggests that Adani purchased Indonesian coal with lower calorific value and then sold it to the Tamil Nadu Generation and Distribution Company (TANGEDCO) as a higher-grade product, potentially doubling its profits in the process.

This revelation adds an environmental dimension to the accusations of corruption associated with the conglomerate, as burning low-grade coal for power generation can lead to increased fuel consumption and worsened air quality. The allegations have sparked political debate in India, with calls for thorough investigations into these practices and the impact on public health and electricity costs.

Citations:
[1] https://inshorts.com/en/news/adani-suspected-of-fraud-by-selling-lowgrade-coal-as-highvalue-fuel-report-1716380568321
[2] https://www.linkedin.com/posts/dan-mccrum-b985a47_adani-suspected-of-fraud-by-selling-low-grade-activity-7198981544814804994--Zqe
[3] https://www.tbsnews.net/world/south-asia/adani-suspected-fraud-selling-low-grade-coal-high-value-fuel-financial-times-857661
[4] https://www.youtube.com/watch?v=EFA5Ds6sing
[5] https://www.moneylife.in/article/adani-suspected-of-fraud-by-selling-lowgrade-coal-as-highvalue-fuel-financial-times/74212.html

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