Adani, Sri Lanka

Rush Hour: Adani exits Sri Lanka power projects, Jamia students detained during protest and more
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India’s Adani withdraws from troubled $442m Sri Lanka wind power projects
Conglomerate founded by billionaire Gautam Adani says it withdrew from the projects as they were ‘financially unviable’.
Adani Green Backs Out of Sri Lankan Wind Power Projects
Adani Green Energy has withdrawn from two wind power projects in Sri Lanka due to financial unviability, following discussions to reduce costs. The decision comes amid scrutiny from U.S. authorities and Sri Lanka’s economic strain,
Adani Group withdraws from wind power project in Sri Lanka: All you need to know
Ever since news of the project broke in 2022, many in Sri Lanka criticised it and claimed it had not been awarded through a transparent process.
Adani Group Withdraws From Wind Power Projects In Sri Lanka Amid Negotiation Hurdles: Report
Adani Green Energy Ltd. (AGEL) has decided to withdraw from two planned wind power projects in Sri Lanka, citing recent developments in project negotiations. The company communicated its decision to the Sri Lankan Board of Investment (BOI) through an official letter dated 12 February, The Economic Times reported.
Adani Group pulls out of $440mn wind power projects in Sri Lanka
India’s Adani Group has decided to pull out of its $440mn wind power projects in Sri Lanka after the new government in Colombo launched a review of the tariffs agreed for the deal. The Indian conglomerate headed by billionaire Gautam Adani wrote to Anura Kumara Dissanayake’s government,
Adani Green Withdraws From Two Wind Power Projects in Sri Lanka
Adani Green Energy Ltd. has withdrawn from building two wind power projects in Sri Lanka after the new government sought lower tariffs last month, in the latest setback to the Gautam Adani-led conglomerate’s overseas ambitions.
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.
Indian Billionaire Gautam Adani To Donate $686 Million For Two Hospitals
Adani Group—controlled by ports-to-power billionaire Gautam Adani—said the Adani family will donate up to $686 million to ...
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Adani Group withdraws from $442 million wind power project in Sri Lanka
Adani Group withdraws from a $442 million wind power project in Sri Lanka following government negotiations over energy costs ...
Big relief to Gautam Adani? as Donald Trump signs executive order…, to pause…
The pause and the review is being seen as a relief to the Adani Group but it remains to be seen what stand the DoJ takes ...
Gautam Adani launches world’s largest finishing school with Singapore’s ITEES in Mundra
Adani Group Chairman Gautam Adani has announced a major skill and employment initiative in partnership with Singapore’s ITEES ...