1 day ago · The roots of the dispute go back to early 2023, when Sri Lanka’s Board of Investment approved Adani Green Energy’s wind power projects at a tariff rate of $0.0826 or 8.26 Sri Lankan cents per ...

2 days ago · Energy giant Adani is facing a fresh hurdle in Sri Lanka for its $ 1 billion investment in green energy. As exclusively reported by the Daily FT on Friday, President Anura Kumara Dissanayake-led new Cabinet on 30 December decided to revoke Adani Energy’s 484 MW wind power energy plants in Mannar and Pooneryn approved by the Ranil ...

3 days ago · The Adani group’s wind power projects in Sri Lanka are in a state of flux, as the island nation’s government on Saturday revoked the pricing agreement for projects. It, however, stopped short of canceling the projects. A committee has been appointed to review the 484 MW wind projects in Mannar ...

17 hours ago · The Sri Lanka government will renegotiate the power purchasing agreement with Adani Green Energy for a 484 MW wind power project to bring the cost under $0.06 per unit, an official said on Tuesday. "We would want it to be below 6 cents US," government spokesman Nalinda Jayathissa told reporters here.

Nov 14, 2024 · The Adani Srilanka Project also places a significant emphasis on empowering local communities. By generating employment opportunities, supporting skill development, and investing in social welfare programs, we aim to create a …

4 days ago · 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 ...

4 days ago · Adani's proposed $442 million, 484-megawatt wind power plant in Sri lanka's Mannar and Pooneryn coastal areas was approved for construction in February 2023, but the project has since been stalled ...

4 days ago · Adani Group had proposed establishing two wind farms with a combined capacity of 484MW in the Mannar and Pooneryn areas of Sri Lanka with an investment of $740 million. The project, scheduled to be completed by mid 2026, has run into multiple setbacks including opposition from environmental organisations, facing a separate challenge in the ...

4 days ago · COLOMBO: Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said Friday.

Nov 22, 2024 · Adani Green Energy is investing $442 million in a wind power project in Mannar and Pooneryn in northern Sri Lanka. From the time the former Gotabaya Rajapaksa government roped in the firm...