Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Business News / NGT imposes Rs.5 crore fine on Adani Enterprises
  • Business

    NGT imposes Rs.5 crore fine on Adani Enterprises

    Written by
    Mansi Motwani
    Edited by
    Gaurav Jeyaraman
    Last updated on Aug 23, 2016, 06:27 pm
    NGT imposes Rs.5 crore fine on Adani Enterprises
  • The National Green Tribunal has imposed a fine of Rs.5 crore on Adani Enterprises over the 2011 oil spill off the coast of Mumbai.

    A shipping carrier owned by Qatar's Delta Group, containing 60,000 metric tonnes of coal, meant for Adani's Gujarat thermal power plant sank off Mumbai's coast.

    The NGT has also imposed a fine of Rs.100 crore on Delta Group.

  • In this article
    Gautam Adani Adani Group Adani Group fined Rs.200 crore for environmental damage Biggest Penalty Rs.200 crore penalty on Adani Group waived Congress plays Politics of Convenience: Gautam Adani Gautam Adani on the Rs.200 crore fine On allegations of being favoured by the NDA government On supporting BJP Jairam Ramesh responds to Gautam Adani's statements NGT imposes Rs.5 crore fine on Adani Enterprises
  • About

    Gautam Adani

    Gautam Adani
  • Gautam Adani is the chairman and founder of Adani Group.

    In September 2014, Forbes placed his personal wealth at $7.1 billion.

    In 33 years, under the chairmanship of Gautam Adani, the Adani Group has become an empire with a value of $10.4 billion.

    Mundra Port, India's largest commercial port, selected as the best port by Lloyds in 2006 was established by Gautam Adani.

  • Company

    Adani Group

    Adani Group
  • An Indian multinational conglomerate company, Adani Group is headquartered in Ahemdabad, India.

    Founded in 1988, Adani Group's business pans across various sectors like coal, oil and gas, power generation, logistics and agricultural infrastructure.

    Fortune, India's largest edibile oil brand is owned by the Adani Group through a joint venture with Wilmar International in Singapore.

    Adani Enterprises is the flagship company of the Adani Group.

  • 03 Sep 2013

    Adani Group fined Rs.200 crore for environmental damage

    Adani Group fined Rs.200 crore for environmental damage
  • The Union Environment Ministry fined the Adani Group for Rs.200 crore, accusing it for flouting environmental rules while developing a port project.

    A committee headed by environmentalist Sunita Narain, allegedly discovered widespread destruction of mangroves in 75 hectares of land, previously declared as a conservation zone.

    The company was also accused for failing to prevent the blocking of creeks while constructing a port.

  • Data

    Biggest Penalty

  • The Sunita Narain Committee, set up to investigate the company's Mundra project, fined the Adani Group, seeking a fine of Rs.200 crore or 1% of the project cost, whichever was higher. This Penalty surpasses the Rs.1 lakh fine prescribed by the Environmental Protection Act by a large margin.

  • 02 Jul 2016

    Rs.200 crore penalty on Adani Group waived

    Rs.200 crore penalty on Adani Group waived
  • The Rs.200 crore fine imposed on Adani Group during the UPA government regime, has been withdrawn by the Environment Ministry.

    Prakash Javadekar, environment minister under the NDA government, questioned the damage that was caused to the mangroves.

    According to senior officials, damage revealed by the satellite data did not affirm the involvement of Adani Group in it.

    Accepting this, Prakash Javadekar waived the fine.

  • 11 Jul 2016

    Congress plays Politics of Convenience: Gautam Adani

    Congress plays Politics of Convenience: Gautam Adani
  • On 11th July, 2016, Gautam Adnani, in an interview discussed several controversial issues surrounding him and his company.

    Allegations of crony capitalism between the corporates and the ruling BJP were amongst these issues.

    According to Adani, politics is to be blamed for the environmental troubles faced by the Adani Group.

    He also advised political parties against targeting corporations in order to promote political agendas.

  • Speaking Up

    Gautam Adani on the Rs.200 crore fine

    Gautam Adani on the Rs.200 crore fine
  • In an interview, Gautam Adani said that Environment Minister of the UPA-led government, Jairam Ramesh, had cleared the mining project in Chhattisgarh.

    He said that the mine was not owned by Adani Group but by the Rajasthan Government, and that Adani Group was merely the mining contractor.

    According to Gautam Adani, the fine that was recommended by the Sunita Narain committee had no legal basis.

  • Quote

    On allegations of being favoured by the NDA government

  • Adani said, "The last government..if they were keen and found the charges were true, then why did they wait for more than nine months? When NDA government came to power, they took a year to investigate the matter; they did not hurry..they are not favouring Adani."

  • General Elections

    On supporting BJP

    On supporting BJP
    Credits:
  • In the 2014 elections, Gautam Adani was accused of supporting Narendra Modi in his election campaigns.

    On Modi using Adani Group's aircraft, Gautam Adani said that his conglomerate owns four aircrafts that can be hired by anybdody.

    He said, "Doesn't Congress use GMR aircraft on a commercial basis too? Why isn't anyone talking about this? Modi is not taking Adani aircraft for free."

  • 11 Jul 2016

    Jairam Ramesh responds to Gautam Adani's statements

    Jairam Ramesh responds to Gautam Adani's statements
    Credits:
  • Environment Minister under the UPA government, Jairam Ramesh, dismissed Adani's claim of his corporation being unnecessarily dragged into politics.

    Countering Adani, Jairam Ramesh said, "Adani has deliberately side-stepped the real issue: that the Chhattisgarh government has cancelled the rights that have to be settled under the Scheduled Tribes and Other Traditional Forest Dwellers Act, 2006 before the mine can be developed."

  • 23 Aug 2016

    NGT imposes Rs.5 crore fine on Adani Enterprises

    NGT imposes Rs.5 crore fine on Adani Enterprises
  • The National Green Tribunal has imposed a fine of Rs.5 crore on Adani Enterprises over the 2011 oil spill off the coast of Mumbai.

    A shipping carrier owned by Qatar's Delta Group, containing 60,000 metric tonnes of coal, meant for Adani's Gujarat thermal power plant sank off Mumbai's coast.

    The NGT has also imposed a fine of Rs.100 crore on Delta Group.

Latest News
  • India vs England: Siraj comes in place of Bumrah
    India vs England: Siraj comes in place of Bumrah
    Sports
  • India vs England, 4th Test: England elect to bat
    India vs England, 4th Test: England elect to bat
    Sports
  • Coronavirus: India's tally reaches 11.15 million with 17K+ new cases
    Coronavirus: India's tally reaches 11.15 million with 17K+ new cases
    India
  • NewsBytes Briefing: Twitter brings Clubhouse to the masses, and more
    NewsBytes Briefing: Twitter brings Clubhouse to the masses, and more
    Science
  • What causes sleep apnea? Its symptoms and long term effects
    What causes sleep apnea? Its symptoms and long term effects
    Lifestyle
Related Timelines
  • NewsBytes Briefing: Big Tech goes on trial today, and more
    NewsBytes Briefing: Big Tech goes on trial today, and more
    Science
Trending Topics
Bharti Airtel Mukesh Ambani Twitter WhatsApp Reliance Jio OPPO Isha Ambani
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love Business news?

Subscribe to stay updated.

Business Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Twitter Indian Premier League Samsung Virat Kohli
Rohit Sharma Cricket News YouTube Hollywood News WhatsApp Bollywood News ISRO Rahul Gandhi Yoga Honda
Batman Football News BMW Vaccine Reliance Jio OPPO Amazon Food News, Healthy Recipes Royal Challengers Bangalore Toyota
Fashion Tips Mercedes Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV Smart TV Marvel Comics Avengers Neha Kakkar
Big Bang Theory X-Men TATA Royal Enfield
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021