Adani Group loses Sri Lanka power contract

Adani denies Sri Lanka cancelled wind power purchase deal
Sri Lanka cancelled the agreement after allegations of corruption in a US probe last year, AFP reported citing unnamed government officials.
Sri Lanka revokes power purchasing pricing deal with Adani, appoints committee to review
The Adani Group denied reports of cancellation in a media statement issued on Friday, calling them "false and misleading."
Sri Lanka's power purchase deal intact, Adani says, denying AFP report
India's Adani Group's power purchase deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.
Sri Lanka appoints committee to review Adani wind power projects in Mannar, Pooneryn
Government spokesperson Nalinda Jayathissa said Sri Lanka decided against signing an agreement based on the power purchase prices negotiated by the previous administration in 2023
Sri Lanka Revokes Adani Wind Power Pricing Agreement and Appoints Review Committee
Sri Lankas government revokes Adani wind power pricing agreement, appointing a committee to review the projects and pricing structure.
Sri Lanka revokes Adani wind power purchase agreement
Sri Lanka has revoked a power purchase agreement with Adani Group’s renewable energy unit after allegations of corruption levelled against the Indian conglomerate in the US last year that brought some of its foreign projects under fresh scrutiny.
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