(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.

By Ron Bousso and Marwa Rashad LONDON - 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,

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 shares down as Adani Group executives indicted for corruption, but TTE not implicated and halts new contributions.

TotalEnergies said it will not make any new investment in Adani until bribery charges in the U.S. against some executives of the Indian diversified conglomerate are settled.

TotalEnergies is one of the biggest foreign investors in Adani's business empire and had previously taken stakes in the group's renewable energy venture.

TotalEnergies' decision to halt further investments in Adani Group companies follows billionaire Gautam Adani’s recent indictment in a New York federal court concerning an alleged multibillion-dollar

Shares of Adani Green Energy plunged 11.3% on Monday after TotalEnergies SE said it would not make any new financial contributions as part of its investments into the Adani group of companies amid a U.

Adani Group says TotalEnergies' decision to pause investments won't impact operations, as no new funding was under discussion. The French energy giant cited a US corruption investigation against Adani.

TotalEnergies has paused investments in India's Adani Group following allegations of a multi-million-dollar bribery scheme involving its chairman, Gautam Adani. Charges by US authorities have prompted scrutiny and led to falling stock prices.