The Adani Group is reportedly revisiting plans for major investments in the United States, as per a Financial Times report dated March 2. Sources familiar with the situation revealed that the conglomerate, led by Gautam Adani, is exploring opportunities in nuclear energy, utilities, and a potential port on the East Coast.

This development unfolds as Adani remains entangled in a legal dispute. He and several associates have been accused of involvement in a $265 million bribery case linked to an Indian solar energy company.

Initially, after Donald Trump’s victory in last year’s U.S. presidential election, Adani had announced a $10 billion investment plan projected to create approximately 15,000 jobs. However, the emergence of bribery allegations appeared to put those plans on hold.

Recent reports suggest a shift in strategy. A source connected to the company disclosed to FT that the group is feeling more optimistic following Trump’s February call to suspend enforcement of the Foreign Corrupt Practices Act.

“With Trump’s return, some plans have been reactivated,” an insider was quoted as saying, though they acknowledged that Adani could still be facing prolonged legal proceedings.

Another source indicated that while the company remains committed to its investment goals, it prefers to wait until the legal issues are resolved.

Currently, the Adani Group’s presence in the U.S. remains limited. Previous discussions with American firms regarding petrochemical ventures in Texas did not materialize into significant deals.

Michael Kugelman, a South Asia analyst at the Wilson Center in Washington, told FT that if the charges are dismissed, Adani is likely to move forward with his investment ambitions in the U.S.

The Adani Group has refuted the bribery allegations, calling them “unfounded,” and has not issued a statement regarding the Financial Times report.