Adani Green pulls out of 2 Lanka power projects

India's Adani says to withdraw from wind power projects in Sri Lanka
India's Adani Green Energy said it will withdraw from two proposed wind power projects in Sri Lanka, according to a letter sent by the company to a Sri Lankan government agency. The Sri Lankan government said last month it has started talks with the Adani Group to lower the cost of power from the $1 billion projects.
Adani withdraws from Sri Lanka’s wind power projects
Adani Green Energy is set to withdraw from two proposed wind power projects in Sri Lanka, following discussions with the government.
Adani pulls out of Sri Lanka wind power projects following Colombo’s review of power purchase agreements
Sri Lanka President Anura Kumara Dissanayake had said he would cancel the deal if elected, but instead he revoked the PPA with Adani & renegotiated for lower energy prices.
Adani Green Energy Pulls Out Of $1 Bn Sri Lanka Wind Project
Adani Green Energy Ltd (AGEL) has withdrawn from a nearly USD 1 billion renewable energy wind farm project in Sri Lanka. The decision comes amid mounting controversy over inflated tariffs and environmental concerns in the two regions where the project was planned—Mannar town and Pooneryn village.
Adani Green Energy Withdraws $442 Million Sri Lanka Power Projects
Adani Green Energy Ltd withdrew from building from two renewable energy wind farms in Sri Lanka, the company said in a statement on Wednesday.
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Adani Green Energy has withdrawn from a $1 billion wind power project in Sri Lanka due to disagreements with the government over the purchase price of electricity.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 Green Energy exits wind power projects in Sri Lanka
Environmental organisations, including the Wildlife and Nature Protection Society and Environmental Foundation Ltd, were against the project alleging deficiencies in environmental impact assessment
India's Adani to pull out of Sri Lanka wind power projects
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 the power generated.
Adani Green pulls out of 2 Lanka power projects as new govt seeks tariff cuts
Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The projects, set to be completed by 2026, were scrutinized following a political change.
Adani Green Energy exits Sri Lanka wind project over tariff negotiations: Report
The proposed wind projects in Mannar and Pooneryn, including transmission lines would have resulted in a $1 billion investment for Sri Lanka if it had happened.
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Ever since news of the project broke in 2022, many in Sri Lanka criticised it and claimed it had not been awarded through a ...