Adani Green Exits Sri Lanka Wind Power Projects

Adani Group Withdraws From Wind Power Projects In Sri Lanka Amid Negotiation Hurdles: Report
Adani Green Energy Ltd. (AGEL) has decided to withdraw from two planned wind power projects in Sri Lanka, citing recent developments in project negotiations. The company communicated its decision to the Sri Lankan Board of Investment (BOI) through an official letter dated 12 February, The Economic Times reported.
Adani Group withdraws from wind power project in Sri Lanka: All you need to know
Ever since news of the project broke in 2022, many in Sri Lanka criticised it and claimed it had not been awarded through a transparent process.
Adani Group pulls out of $440mn wind power projects in Sri Lanka
India’s Adani Group has decided to pull out of its $440mn wind power projects in Sri Lanka after the new government in Colombo launched a review of the tariffs agreed for the deal.
Adani Group withdraws from further engagement in $442 million wind power project in Sri Lanka
Adani Group is officially withdrawing from a $442 million wind power project in Sri Lanka after the government attempted to renegotiate the agreement
Adani Green Withdraws From Two Wind Power Projects in Sri Lanka
Adani Green Energy Ltd. has withdrawn from building two wind power projects in Sri Lanka after the new government sought lower tariffs last month, in the latest setback to the Gautam Adani-led conglomerate’s overseas ambitions.
India’s Adani Pulls Out of $1-Billion Sri Lanka Wind Power Deal
Adani Green Energy has withdrawn from a $1 billion wind power project in Sri Lanka due to disagreements with the government over the purchase price of electricity.
Adani Group withdraws from Sri Lanka wind project amid mounting scrutiny
Adani Green Energy Ltd told Sri Lanka’s Board of Investment on Wednesday that it would “respectfully withdraw” from the wind project following discussions with officials who indicated that fresh committees would be formed to “renegotiate the project proposal”.
Adani Green Energy pulls out of $1 billion Sri Lanka project
Adani Green Energy has pulls out of two proposed wind power projects and linked transmission lines, which would have seen a total investment of about $1 billion, in Sri Lanka after Colombo sought to trim the tariff.
insurancebusinessmag2h
Adani Group secures $330 million loan for Australian coal port
Indian conglomerate Adani Group, which has been at the centre of insurance controversy, has secured an AU$330 million (US$207 ...
Outlook Business12h
Adani Group to Double Defence Production on Large Overseas Order
Gautam Adani-led Adani Group is planning to double the production capacity of small arms ammunition from 150 million rounds ...
Three years after taking spectrum Adani group yet to launch 5G private networks
Adani Group delays 5G services launch despite spectrum purchase, facing challenges with private network deployment, ...
Ruckus in Lok Sabha as Congress raises Adani project in Khavda
Lok Sabha proceedings were adjourned after Congress demanded a discussion on the Khavda renewable energy project awarded to ...
India West34m
Adani Signs With Mayo Clinic For Affordable Health Care Campuses In Ahmedabad, Mumbai
ROCHESTER, NY – India’s Adani Group has partnered with U.S.-based Mayo Clinic to establish two affordable health campuses in ...
'Life is bigger than any exam, parents must...': Gautam Adani reacts to student's suicide over JEE
The tragedy occurred after the student, a Class 12 student enrolled at a private coaching institute in Gorakhpur, was ...
Gautam Adani takes BIG decision, withdraws from Rs 38447837194 project in India's neighbouring country due to..., the country is...
Adani Group took the decision after Sri Lankan government led by President Anura Kumara Dissanayake cancelled a power ...