Adani Green pulls out of 2 Lanka power projects

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.
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.
Adani withdraws from Sri Lanka’s wind power projects
Adani Green Energy is set to withdraw from two proposed wind power projects in Sri Lanka, following discussions with the government.
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 Green Exits Wind Projects in Sri Lanka Due to Tariffs
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 has withdrawn from building two wind power projects in Sri Lanka after the new government sought lower tariffs last month, in the latest setback to the Gautam Adani-led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‘Adani Group has withdrawn from controversial wind power project’
By Ifham Nizam The Adani Group has officially withdrawn from the controversial wind power project in Mannar, citing unspecified reasons, Friends of Earth chairman Hemantha Withanage said. It is believed that strong legal challenges,
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Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff.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.
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