India's Adani Group has confirmed that its power purchase agreement (PPA) with the Sri Lankan government is still in place, refuting an AFP news report claiming its revocation.

The Sri Lankan government has signed an agreement for the Indian conglomerate Adani to build a wind farm in the north of the country. Negotiated in secrecy, the project is a cause for concern, not ...

In real terms, Adani Power has slashed its supplies to Bangladesh by about 60% due to unpaid bills exceeding US$800 million. Sri Lanka could also find itself in a similar situation if it compromises ...

India's Adani Green Energy has told Sri Lanka it will withdraw from two proposed wind power projects, the company said on Thursday, two weeks after Colombo said it was seeking to lower the cost of ...

Sri Lanka’s fragile recovery from the devastating 2022 sovereign debt crisis now faces an unprecedented and existential ...

The government, which scrapped the Adani renewable energy projects, is now under duress to reimburse a few million U.S.

Following the allotment, Adani Green’s issued, subscribed, and paid-up equity share capital has increased from ₹1,624.71 ...

Indian companies see expansion opportunities in Sri Lanka due to cultural ties and geographical proximity. With India rapidly ...

The deal marks a significant expansion of New Delhi’s strategic build-up in the Indian Ocean region against China.

ITC Chairman Sanjiv Puri says Indian firms favour Sri Lanka due to cultural familiarity and proximity, as cross-border ...

The US has joined in the joint venture between Sri Lanka and India with Adani Ports & Special Economic Zones Limited which owns 51 shares of the project.

From ports and power to gas and cement, these Adani group companies combine consistent financial performance with low debt ...