Sri Lanka’s Board of Investment (BOI) announced on Thursday it had received a letter from Adani Green Energy Limited saying it had decided to “respectfully withdraw” from the project ...

AFP says project under review and power deal revoked Adani denies power purchase deal is revoked Sri Lanka is reviewing projects following US indictment Ministry officials told Reuters deal still ...

Sri Lanka has not changed its stance on doing business with India’s Adani Group and welcomes investment opportunities from the conglomerate, the country’s cabinet spokesman said today.

Sri Lanka announced Tuesday it was entering into a 20-year agreement with Adani Group to buy electricity from a $442-million wind power plant the Indian conglomerate is building in the island nation.

Earlier, Adani Green said it was still committed to Sri Lanka and was open to future collaboration if the government in Colombo desired. The Adani Group is also involved in building a US $700 ...

Adani, the executive team and its directors have all denied any wrongdoing. Sri Lanka has said that it is "unconcerned", however, about the group's dealings in other countries. The cabinet ...

The Indian conglomerate Adani Group has withdrawn from a troubled $442m wind power project in Sri Lanka after the island nation’s government sought to renegotiate the deal. Sri Lanka’s Board ...

Sri Lanka has been reviewing the group’s local projects after US authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to ...