Sri Lanka is unconcerned about the Adani Group's dealings with other countries and only focused on its $1 billion worth of projects in the island nation, President Anura Kumara Dissanyake told ...

The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam Adani, as New Delhi and Washington look to curtail China’s ...

Work on a Sri Lankan port’s expansion led by the Adani Group is progressing as scheduled, a top local official said, even as the fate of $553 million in American funding for the project remains ...

Union Assurance, Sri Lanka’s longest-standing private life insurer, is proud to introduce the Adviser Welfare Scheme—a pioneering initiative designed to empower and support its adviser network and ...

Sri Lanka President Anura Kumara Dissanayake had said he would cancel the deal if elected, but instead he revoked the PPA with Adani & renegotiated for lower energy prices.

This year, Sri Lanka entered a power purchase deal with Adani Green Energy Ltd. In terms of the agreement, the country will purchase electricity from the company over 20 years. The Adani Green Energy ...

Upon the completion of the wind power plant, Sri Lanka will purchase a unit of electricity from Adani at U.S. 7.55 cents, paying twice the rate under competitive tendering.

Sri Lanka's Board of Investment on Wednesday approved two wind power plants by India's Adani Green Energy Ltd with a total investment of $442 million, a statement issued by the board said.

Adani Ports, India's largest private ports operator, owns 51% of a new container terminal project expected to begin operations next year in Sri Lanka's city of Colombo.

Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project by India’s scandal-hit Adani group.

A section of Sri Lankan officials believes that Colombo’s plans to make a power agreement with the Adani Group officially government-to-government could have prompted Delhi’s decision.

Work on a Sri Lankan port’s expansion led by the Adani Group is progressing as scheduled, a top local official said, even as the fate of $553 million in American funding for the project remains ...