Adani Green Exits Sri Lanka Wind Power Projects

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 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 further engagement in $442 million wind power project in Sri Lanka
Adani Group is officially withdrawing from a $442 million wind power project in Sri Lanka after the government attempted to renegotiate the agreement
India’s Adani Pulls Out of $1-Billion Sri Lanka Wind Power Deal
Adani Green Energy has withdrawn from a $1 billion wind power project in Sri Lanka due to disagreements with the government over the purchase price of electricity.
Adani Group withdraws from Sri Lanka wind project amid mounting scrutiny
Adani Green Energy Ltd told Sri Lanka’s Board of Investment on Wednesday that it would “respectfully withdraw” from the wind project following discussions with officials who indicated that fresh committees would be formed to “renegotiate the project proposal”.
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 has withdrawn from building two wind power projects in Sri Lanka after the new government sought lower tariffs last month, in the latest setback to the Gautam Adani-led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 pulls out of $1 billion Sri Lanka project
Adani Green Energy has pulls out of two proposed wind power projects and linked transmission lines, which would have seen a total investment of about $1 billion, in Sri Lanka after Colombo sought to trim the tariff.
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