Adani denies trimming Tarali PSP cost to cut obligations
In short
Adani Group said the ₹56.75 crore figure for its Tarali PSP was only for preliminary surveys. It said the full project cost is ₹5,675 crore.
The company denied that it was using the smaller figure to reduce its legal or conservation obligations. That is important because the project’s clearance is under scrutiny.
What the reporting says
Adani Group said the ₹56.75 crore figure in its Tarali PSP clearance proposal covered only preliminary surveys, not the full project cost of ₹5,675 crore. The company rejected allegations that it was trying to lower statutory or conservation obligations by using the reduced figure. The clarification responds to concerns tied to the project’s clearance process.
Why it matters
Adani Group clarified that the ₹56.75 crore amount in the Tarali PSP clearance proposal was only for preliminary surveys and not the full project cost of ₹5,675 crore. It rejected claims that the lower figure was meant to reduce statutory or conservation obligations. The statement addresses scrutiny around the project’s clearance terms and the figures used in the proposal.