Adani Green pulls out of 2 Lanka power projects

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Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff.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 withdraws from Sri Lanka’s wind power projects
Adani Green Energy is withdrawing from two proposed wind power projects in Sri Lanka, following discussions with the country's government on reducing the cost of power generation. The decision comes two weeks after Colombo,
India's Adani to pull out of Sri Lanka wind power projects
COLOMBO, Feb 13 (Reuters) - India's Adani Green Energy (ADNA.NS), opens new tab has told Sri Lanka it will withdraw from two proposed wind power projects, the company said on Thursday, two weeks ...
Adani Green Energy withdraws from USD 1 billion Sri Lanka Power Project
"Adani Green Energy has conveyed its Board's decision to respectfully withdraw from further engagement in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka," the
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.
Adani Green Energy stock gains 3% amid reports on withdrawal from wind power projects in Sri Lanka
Adani Green Energy shares climbed 3 per cent to ₹946 during Thursday's intraday session on the BSE after reports emerged that the company is pulling out of its planned wind power generation and transmission project in Sri Lanka,
Al Jazeera English2d
India’s Adani withdraws from troubled $442m Sri Lanka wind power projects
The Sri Lankan government has been reviewing the Adani projects after US authorities accused billionaire founder Gautam Adani and other executives in November of being part of a scheme to pay ...
The Financial Times2d
Adani Group pulls out of $440mn wind power projects in Sri Lanka
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s Adani Group has decided to pull out of its $440mn wind power projects in Sri Lanka after the new ...
The New Indian Express2d
Adani Green withdraws power projects in Sri Lanka
Adani Green Energy is withdrawing its wind energy project and two transmission projects in Sri Lanka. “Adani Green Energy has conveyed its Board’s decision to respectfully withdraw from ...
Financial Post2d
Adani Green Exits Wind Projects in Sri Lanka Due to Tariffs
(Bloomberg) — Adani Green Energy Ltd. won’t build two wind power projects in Sri Lanka after the new government sought lower tariffs, the latest setback to the Gautam Adani-led conglomerate’s ...