2 days 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 ...

3 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 ...

Nov 14, 2024 · By generating employment opportunities, supporting skill development, and investing in social welfare programs, we aim to create a positive impact on the lives of Sri Lankans. As per the latest news, Adani Ports is currently sitting on 3 billion USD cash reserves to target an annual cargo capacity of 1 billion...

4 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 ...

5 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 ...

5 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 ...

5 days ago · Denying that its 484 megawatts wind power projects in Sri Lanka were canceled, the Adani spokesperson calling such reports “false and misleading.” Remain Committed. Adani Group remains “committed to investing $1 billion” in the country’s green energy sector, the Adani spokesperson said in the statement.

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 in...

5 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 ...

Our vision for Sri Lanka is to create a brighter and prosperous future, contributing to the nation's growth while preserving its natural heritage. At Adani, we believe in the power of collaboration and innovation to drive progress.