Sri Lanka could also find itself in a similar situation if it compromises its power supply and energy sovereignty by going ahead with the Adani project. On 14 October 2024, the interim government of ...

Sri Lanka's review of Adani Group projects is ongoing and was prompted by accusations from the US authorities in November 2024 against the company's founder, Gautam Adani, and other executives.

India’s commitment, interest to invest, and ability to deliver during Sri Lanka’s economic crisis incentivised Colombo to ...

India's Adani Green Energy has told Sri Lanka it will withdraw from two proposed wind power projects, the company said on Thursday, two weeks after Colombo said it was seeking to lower the cost of ...

Apart from the renewable energy projects in northern Sri Lanka, the Adani Group is also involved in the development of the U.S. $700-million West Container Terminal (WCT) project at the Colombo Port.

India's Adani Group said on Monday it had opened an $800 million container terminal in Sri Lanka, right next to a similar facility operated by a Chinese company. The Adani development at Sri Lanka ...

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 ...

Sri Lanka should be vigilant about the Adani power project in the island, experts said on Thursday,after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on ...

NEW DELHI — Indian billionaire Gautam Adani has withdrawn his request for a U.S.-backed $553 million loan to build a terminal for a deepwater port in Sri Lanka — the latest fallout since his ...

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 ...

Adani Ports and Special Economic Zone Ltd. will work with Sri Lanka’s John Keells Holdings Plc to develop a port terminal in the island nation, billionaire Gautam Adani’s first such standalone ...

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.