TotalEnergies will pause investment in its Adani Green energy project until there is further clarity on a U.S. bribery case against Indian billionaire Gautam Adani, the French group's CEO, Patrick Pouyanne,

(Reuters) - Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the French oil major said it was pausing new investments into the Adani Group.

French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).

TotalEnergies SE said on Monday that it will not make any new financial contribution as part of its investments into the Adani group of companies amid a U.S. federal indictment against the head of the company and his nephew.

TotalEnergies, yesterday, said it won't make any new financial contribution as part of its investments into the Adani group of companies amid a US federal indictment against its chief and his nephew Sagar Adani.