Adani Group loses Sri Lanka power contract

Sri Lanka revokes power purchase deal with Adani Group, AFP reports
Sri Lanka has revoked a power purchase deal with India's Adani Group after a probe into U.S. allegations that the conglomerate's executives paid bribes to secure Indian power supply contracts, according to an AFP report published by the Economic Times newspaper on Friday.
Adani Group denies cancellation of Sri Lanka power purchase deal, says it is committed to invest $1 bn for green projects
Adani Green Energy's stock experienced a decline following the news of Sri Lanka's termination of the power purchase agreement, reaching a daily low of Rs 1,008.
Adani Group Refutes Claims Of Sri Lanka Wind Power Project Cancellation, Says Tariff Review A Standard Process
Adani Group refutes claims that its Sri Lankan wind power projects have been cancelled, stating that the Sri Lankan government's review of tariffs is a routine process.
Sri Lanka cancels Adani Group's $440M power purchase deal
Sri Lanka has canceled a power purchase agreement with Adani Group, amid corruption allegations against the company's founder, Gautam Adani . The decision was taken by President Anura Kumara Dissanayake's administration, which is now reviewing the proposed wind power project.
Adani Group admits Sri Lanka reviewing tariff in power deals, but calls it a ‘routine’ exercise
Group dismisses as ‘misleading’ reports in international media that Sri Lanka had cancelled Mannar & Pooneryn projects, hints review process not linked to November indictments by US.
Adani Group denies cancellation of Sri Lanka power purchase deal
India’s Adani Group has denied the cancellation of its $440 million power purchase deal with Sri Lanka, terming the reports as “false and misleading”
Sri Lanka revokes Adani wind power purchase agreement
Sri Lanka has revoked a power purchase agreement with Adani Group’s renewable energy unit after allegations of corruption levelled against the Indian conglomerate in the US last year that brought some of its foreign projects under fresh scrutiny.
Adani Green Energy: Sri Lanka 'Revokes' 500MW Wind Power Project Deal
Sri Lanka's Cabinet of Ministers led by President Anura Kumara Dissanayake has revoked a decision to award a controversial 484 MW of wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd,
'False, Misleading...' Adani Group On Cancellation of Sri Lanka Power Purchase Deal - See Statement
The Adani Group, led by Gautam Adani, has refuted claims that Sri Lanka officially revoked its power purchase agreement (PPA) with the Indian conglomerate due to corruption allegations. The group has
Adani Group denies cancellation of wind power projects in Sri Lanks's Mannar and Pooneryn
Reports that Adani Group's 484 megawatts (MW) wind power projects in Sri Lanka's northern Mannar and Pooneryn districts have been cancelled are false and misleading, an Adani Group spokesperson said Friday.
Adani Group loses Sri Lanka power contract as deal revoked amid corruption allegations; group denies report
Sri Lanka's government has reportedly revoked a power purchase agreement with Adani Group amid corruption allegations against its founder Gautam Adani. President Dissanayake's administration is reviewing the proposed wind power project,
India’s Adani Green appoints law firms to review US indictment
US authorities indicted Adani and other top executives, alleging that they paid bribes to secure power supply contracts.
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