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Company Directory - Greenko Energy

Company Details - Greenko Energy

Greenko Energy Logo

Greenko Energy

Website

India

Greenko Energy is an integrated renewable energy solutions provider based in India, focusing on clean energy technologies.

CCI Score

CCI Score: Greenko Energy

-13.16

0.01%

Latest Event

Employee reviews reveal significant labor issues at Greenko Energy

Multiple employee reviews on AmbitionBox highlight issues including delayed salary payments, labor exploitation, nepotism, and a toxic work culture at Greenko Energy, raising concerns under labor relations and human rights practices.

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ENABLER

Greenko Energy is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Employee reviews reveal significant labor issues at Greenko Energy Logo
    MAR
    21
    2025

    Multiple employee reviews on AmbitionBox highlight issues including delayed salary payments, labor exploitation, nepotism, and a toxic work culture at Greenko Energy, raising concerns under labor relations and human rights practices.

  • -40

    Labor Relations and Human Rights Practices

    March 27

    Employee reviews indicate systemic problems in labor relations at Greenko Energy, such as inadequate compensation, exploitation, and poor management practices. These conditions foster an environment where workers' rights are undermined, contributing to a broader pattern of neglect for fair and humane labor standards.

    Greenko Group Reviews by 700+ Employees | Rated 3.8/5 - AmbitionBox

  • Greenko Energy Political Funding through Electoral Bonds Logo
    MAR
    01
    2025

    Greenko Group, part of India's renewable energy sector, donated at least Rs 35 crore through electoral bonds to various political parties. This move, as reported, raises concerns about the company's opaque financial contributions to political entities, potentially facilitating regulatory favoritism and bypassing environmental and clearance hurdles that benefit the energy sector.

  • -80

    Political Contributions and Lobbying Efforts

    March 27

    Greenko Energy's donation of Rs 35 crore via electoral bonds is indicative of a broader pattern where energy companies use financial contributions to secure favorable political conditions. The use of electoral bonds, known for their opacity, suggests an intent to influence political decisions and expedite clearances, ultimately supporting policies that could benefit corporate interests over environmental and public welfare. This raises flags within the Public and Political Behavior domain, specifically under Political Contributions and Lobbying Efforts.

    Energy companies fueling purses of India's political parties

  • Greenko Integrated Renewable Energy Project Empowers Local Communities Logo
    JAN
    12
    2025

    Deputy Chief Minister Pawan Kalyan lauds Greenko's integrated renewable energy project for its substantial investments, job creation, and community development initiatives in Andhra Pradesh, reinforcing socially responsible business practices.

  • +70

    Public and Political Behavior

    January 12

    Greenko’s collaboration with government authorities and adherence to legal and environmental norms demonstrate a politically accountable behavior that supports democratic engagement and transparency.

    Greenko integrated renewable energy project can generate 50,000 jobs: Dy CM Pawan Kalyan

  • +80

    Business Practices and Ethical Responsibility

    January 12

    The project exhibits robust ethical business practices through significant investments, adherence to environmental standards, and initiatives that directly improve labor conditions and community welfare.

    Greenko integrated renewable energy project can generate 50,000 jobs: Dy CM Pawan Kalyan

  • +80

    Technology and Services Impact

    January 12

    Greenko's renewable energy technology contributes positively by driving sustainable energy production, reducing dependency on fossil fuels, and supporting environmental justice.

    Greenko integrated renewable energy project can generate 50,000 jobs: Dy CM Pawan Kalyan

  • +80

    Economic and Structural Influence

    January 12

    The substantial financial investments and economic development initiatives drive local growth and job creation, reflecting responsible economic influence and community empowerment.

    Greenko integrated renewable energy project can generate 50,000 jobs: Dy CM Pawan Kalyan

  • ACB Raids and Political Contribution Controversy at Greenko Energy Logo
    JAN
    07
    2025

    On January 7, 2025, the Telangana Anti-Corruption Bureau conducted raids at Greenko Energy's offices as part of an investigation into financial irregularities surrounding its Formula E sponsorship. The investigation revealed that Greenko, through its subsidiary, made significant electoral bond purchases, raising serious concerns about its political contribution practices and potential alignment with authoritarian interests.

  • -50

    Political Contributions and Lobbying Efforts

    March 27

    Greenko Energy's involvement in substantial electoral bond purchases, including ₹117 crore in electoral bonds with a significant amount being encashed by the Bharat Rashtra Samithi (BRS), underscores a concerning pattern in its political contributions. These actions, combined with financial irregularities in its sponsorship arrangements for the Formula E event, suggest a willingness to engage in opaque political financing practices. Such activities are viewed negatively from an anti-fascist perspective because they can contribute to undermining democratic accountability and potentially bolster authoritarian political influences.

    Telangana ACB conducts raids on Greenko offices in Formula E investigation

  • Formula E case: Telangana ACB raids offices of Greenko in three places Logo
    JAN
    07
    2025

    Raids conducted by the Telangana ACB have raised serious questions about Greenko Energy's sponsorship agreement irregularities and political contributions in connection with the Formula E case, suggesting potential collusion with political entities that may support authoritarian practices.

  • -40

    Public and Political Behavior

    March 27

    The investigation into Greenko's alleged political contributions amid the Formula E case raises concerns over potential support for political entities and influence that could back authoritarian agendas. The raid and probing by the Telangana ACB signal possible misuse of corporate funds in the political arena.

    Formula E case: Telangana ACB raids offices of Greenko in three places

  • -20

    Business Practices and Ethical Responsibility

    March 27

    The raids uncovered potential irregularities in Greenko’s sponsorship and event funding agreements. This lack of transparency and questionable business practice raises ethical concerns and suggests a willingness to engage in practices that might indirectly back authoritarian or illiberal policies.

    Formula E case: Telangana ACB raids offices of Greenko in three places

  • Greenko's Complex Web of Entities Fuels Concerns Over Electoral Bond Purchases Logo
    MAR
    23
    2024

    Greenko Energy, via a network of 44 affiliated companies, purchased electoral bonds worth Rs 117 crore. This strategy appears aimed at obscuring the true scale of political contributions, with funds redeemed by parties including the BJP, thereby raising red flags about political transparency and potential complicity in enabling authoritarian practices.

  • -60

    Political Contributions and Lobbying Efforts

    March 27

    The report indicates that Greenko Energy used a highly complex structure of 44 companies to purchase electoral bonds, totaling Rs 117 crore. This method of dispersing political contributions appears designed to dilute accountability and obscure the scale of financial support to political parties, including right-leaning parties like the BJP. Such practices contribute to a lack of transparency in political funding and may indirectly support authoritarian tendencies by enabling covert financial influence.

    Energy firm Greenko used its web of 44 entities to buy bonds for YSRCP, BRS, BJP

  • Greenko Energy Bond Purchase Raises Concerns Over Political Contributions Logo
    MAR
    01
    2024

    Greenko Energy’s recent transaction involving the purchase of bonds worth Rs 117 crore – with portions redeemed by political parties including the Bharatiya Janata Party – has raised significant concerns regarding indirect financial support to political entities with authoritarian leanings. The involvement of major political players in the redemption process suggests that the company's financial operations may be inadvertently bolstering parties associated with authoritarian practices.

  • -40

    Political Contributions and Lobbying Efforts

    March 27

    The bond purchase, which resulted in Rs 13 crore being redeemed by the BJP along with funds going to other political parties, indicates that Greenko Energy is involved in financial activities that channel resources to political entities. Given the anti-authoritarian lens, such financial redirection can be seen as indirectly supporting political figures with far‐right tendencies, thereby contributing negatively to public political behavior.

    Renewable energy giant Greenko purchased bonds worth Rs 117 cr through 44 companies: Report

  • Greenko Electoral Bond Donations Controversy Logo
    APR
    08
    2022

    Controversy erupted over Greenko Energy's alleged Rs 41 crore electoral bond donations, raising concerns about transparency and potential support for authoritarian political interests through undisclosed donor channels.

  • -40

    Political Contributions and Lobbying Efforts

    March 27

    Greenko Energy's involvement in electoral bond donations raises serious concerns about its political contributions. Allegations indicate that the company donated Rs 41 crore to various political parties, including controversial support to groups that may harbor authoritarian tendencies. This redirection of corporate funds through opaque channels undermines transparency and democratic accountability, aligning the company's practices with behaviors that can facilitate the rise of authoritarian influences in politics.

    Congress, BRS clash over 41 cr electoral donations by Greenko

  • Greenko Human Capital and Employee Engagement Logo
    JUN
    30
    2021

    Greenko Energy's human capital report highlights its robust commitment to employee welfare, safety, diversity, and equal opportunity. The extensive metrics on training, retention, and inclusive policies reflect ethical labor relations practices that support a humane work environment and counter exploitative models associated with authoritarian and fascist economic practices.

  • +85

    Labor Relations and Human Rights Practices

    March 27

    Greenko's detailed human capital initiatives, including vigorous employee training, retention strategies, and strong emphasis on diversity and equal pay, demonstrate a commitment to ethical labor practices. These efforts exemplify a positive stance on labor relations and human rights, showcasing transparency and accountability that counteract exploitative practices often linked to authoritarian structures.

    Greenko Human Capital

  • Greenko Energy: Championing Ethical Practices and Community Development Logo
    SEP
    01
    2020

    Greenko Energy has demonstrated a strong commitment to ethical business practices, community engagement, and transparent procurement processes. Their initiatives in stakeholder engagement, labor rights, and digital transformation reflect a robust approach to inclusivity and resistance to authoritarian influences.

  • +80

    Public and Political Behavior

    March 27

    Greenko’s public policy advocacy and community mobilization illustrate a commitment to transparent and inclusive public engagement. Their actions help foster accountability and counterbalance centralized authoritarian impulses by involving diverse stakeholder voices in energy regulation.

    Social & Relationship Capital - Greenko Group

  • +90

    Business Practices and Ethical Responsibility

    March 27

    Greenko has implemented comprehensive measures to respect human rights, promote inclusive community development, and enforce rigorous supplier evaluations. Their commitment to ethical labor practices and responsible sourcing aligns strongly with anti-fascist principles of equity and justice.

    Social & Relationship Capital - Greenko Group

  • +75

    Technology and Services Impact

    March 27

    The company’s initiatives in digital transformation and automation, such as smart procurement and transitioning to paperless processes in SAP, highlight an investment in technology that supports operational transparency and efficiency. While not core, these measures underpin ethical practices and accountability.

    Social & Relationship Capital - Greenko Group

  • +85

    Economic and Structural Influence

    March 27

    Greenko’s adherence to transparent procurement practices, including international competitive bidding and open vendor evaluations, reinforces fair market practices and economic integrity. These actions reduce cronyism and support an economic structure that is resistant to authoritarian collusion.

    Social & Relationship Capital - Greenko Group

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