Adani Group Defends Wind Power Projects: Sri Lanka's Pricing Agreement Under Review, Not Canceled

The Adani Group has firmly denied reports claiming that Sri Lanka has cancelled its significant wind power purchase agreement. A spokesperson stated that the 484 MW projects in Mannar and Pooneryn remain active, despite the Sri Lankan government's decision to review the pricing terms established by the previous administration. This review is described as a standard procedure under the new government, which aims to align energy policies with current priorities. The Adani Group continues to express its commitment to investing $1 billion in Sri Lanka's green energy sector. 

 

Source: New Indian Express, Telegraph India, Indian Express