New Delhi, Aug. 15 -- The Adani group is betting big on renewable energy, particularly solar and green hydrogen, to power its next phase of growth, with subsidiaries under Adani New Industries Ltd (ANIL) delivering strong revenue and Ebitda gains through high-margin exports and an integrated green-hydrogen ecosystem in Mundra, Gujarat.

But this expansion comes as the group faces fresh scrutiny in the US: just months after Gautam Adani was accused by the US SEC and the Department of Justice of bribery, Mundra Solar PV Ltd (MSPVL), a subsidiary of Adani Enterprises, is being sued by the country's largest solar cell manufacturer for alleged patent theft-a case that, along with the group's heavy reliance on export markets, could temper its m...