Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest me

It follows the indictment of billionaire Gautam Adani in New York on Wednesday. President William Ruto announced that the controversial multimillion-dollar deals in the energy, transport and health sectors would be scrapped during his state of the nation address to parliament on Thursday.