Adani Group loses Sri Lanka power contract

Sri Lanka revokes Adani wind power purchase agreement
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 brought some of its foreign projects under fresh scrutiny.
Sri Lanka Revokes Adani's $442 Million Wind Power Project Amid Court’s Trial And Allegations Of “Backdoor Entry”
Sri Lanka has revoked a 2024 power purchase agreement with Adani Green Energy for a proposed wind power plant in the Northern Province, amid corruption allegations, AFP reported on Friday (24 January).
Adani Green Energy share price dips as Sri Lanka revokes $440 million power purchase deal
Adani Green Energy shares fell nearly 6% after reaching a day’s high, following a report that Sri Lanka cancelled a $440 million power purchase agreement with the company.
Sri Lanka's power purchase deal intact, Adani says, denying AFP report
India's Adani Group's power purchase deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.
Sri Lanka power projects not cancelled: Adani
Adani Group has clarified that their power purchase agreement for wind power projects in Sri Lanka has not been revoked, despite reports to the contrary. A standard review of the tariff is underway by the Sri Lankan government,
Sri Lanka’s AKD Government scraps 500 MW Adani Wind Power deal: Report
Sri Lanka’s Cabinet, under President Anura Kumara Dissanayake, has canceled the award of 484 MW wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd, a project initially granted in June 2024 by former Prime Minister Ranil Wickremesinghe.
Sri Lanka power project not cancelled, tariff is being re-evaluated: Adani
This is not 1st time the project has been in the news. In 2022, there was a political furore in Sri Lanka over the awarding of wind energy projects to Adani Green Energy without a tendering process
Sri Lanka revokes power purchase deal with Adani
Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said on Friday..President Anura Kumara Dis
Adani Green Energy: Sri Lanka 'Revokes' 500MW Wind Power Project Deal
Sri Lanka's Cabinet of Ministers led by President Anura Kumara Dissanayake has revoked a decision to award a controversial 484 MW of wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd,
'False, Misleading...' Adani Group On Cancellation of Sri Lanka Power Purchase Deal - See Statement
The Adani Group, led by Gautam Adani, has refuted claims that Sri Lanka officially revoked its power purchase agreement (PPA) with the Indian conglomerate due to corruption allegations. The group has

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