City
Epaper

Adani Group denies cancellation of wind power projects in Sri Lanks's Mannar and Pooneryn

By ANI | Updated: January 24, 2025 16:45 IST

Ahmedabad (Gujarat) [India], January 24 : Reports that Adani Group's 484 megawatts (MW) wind power projects in Sri Lanka's ...

Open in App

Ahmedabad (Gujarat) [India], January 24 : Reports that Adani Group's 484 megawatts (MW) wind power projects in Sri Lanka's northern Mannar and Pooneryn districts have been cancelled are false and misleading, an Adani Group spokesperson said Friday.

"We categorically state that the project has not been cancelled," the spokesperson said in a brief statement.

The Sri Lankan Cabinet's decision of January 2, 2025 to reevaluate the tariff approved in May 2024 is part of a standard review process, particularly with a new government, to ensure that the terms align with their current priorities and energy policies, the spokesperson asserted.

The spokesperson further affirmed that Adani Group remains committed to investing USD 1 billion in Sri Lanka's green energy sector.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologySEBI to likely relax proposed limits on index options trading: Report

BusinessSEBI to likely relax proposed limits on index options trading: Report

AurangabadBharat mata ki Jai and tribute to the army, paying homage to the Martyrs

NagpurCradle FC, Koradi advance

Cricket"Very pleased to have contributed": Sneh Rana after being named 'Player of the Series' in Sri Lanka

Business Realted Stories

BusinessCzech Republic to appeal injunction halting nuclear power deal with S. Korea

BusinessIndia, EU to kick off next round of free trade talks in Delhi on Monday

BusinessMonsoon to hit Kerala coast ahead of normal onset date, positive for country's economy

BusinessTechnology a force multiplier for inclusive growth, say techies on National Technology Day

BusinessPlanning to Take a Personal Loan? Here's What You Need to Know First