Adani Green pulls out of 2 Lanka power projects

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 for better energy rates.
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.
India's Adani says it will withdraw from wind power projects in Sri Lanka
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.
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Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff.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 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
The Business Standard1d
South Asian energy activists hail Sri Lanka govt for strict measures that 'forced' Adani to cancel Wind Power Project
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 ...
Reuters18d
Sri Lanka says talks on with Adani Group to lower wind power purchase cost
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 ...
Yahoo Finance16d
Sri Lanka to renegotiate wind PPA with Adani Green Energy
The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, aiming to reduce the cost to below $0.06 per ...