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

Technology14-day India International Trade Fair records over 18 lakh visitors

EntertainmentTamannaah Bhatia embraces chaos of her photo-gallery, calls it ‘heart-led’ dump

International'Indian reaction should not be rhetorical; otherwise political parties will turn it into nationalism issue' Foreign Affairs Expert on New Nepalese currency

Business14-day India International Trade Fair records over 18 lakh visitors

BusinessNifty, Sensex open flat on Friday, will remain in consolidation phase: Experts

Business Realted Stories

BusinessMore money in middle-class hands fuels strong outlook for tourism and hotels sector: Report

BusinessForeign currency deposits in S. Korea post biggest drop in nearly 2 yrs in Oct

BusinessGrowth in advanced or ageing economies to be driven by GenAI, India must skill its Youth: Report

BusinessTelangana to be divided into 3 zones to achieve Vision 2047

BusinessBusinesses, high-value payers to benefit most from 'Banking Connect' system: NBBL MD