Adani Green pulls out of 2 Lanka power projects
Sri Lanka has cancelled a power purchase agreement with Indian billionaire Gautam Adani’s conglomerate after allegations of corruption in a US probe last year, international media reported ...
The Sri Lankan government started reviewing the project in response to criticism, protests and a court case. Finally, the Ministry of Energy revoked the agreement and formed a committee to review the ...
Sri Lanka has been reviewing the group's local projects after U.S. authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to ...
COLOMBO (Reuters) -- 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.
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