Jan 28, 2025 · The roots of the dispute go back to early 2023, when Sri Lanka’s Board of Investment approved Adani Green Energy’s wind power projects at a tariff rate of $0.0826 or 8.26 Sri Lankan cents per ...

Nov 14, 2024 · By generating employment opportunities, supporting skill development, and investing in social welfare programs, we aim to create a positive impact on the lives of Sri Lankans. As per the latest news, Adani Ports is currently sitting on 3 billion USD cash reserves to target an annual cargo capacity of 1 billion...

5 days ago · For the Adani Group, there is one major good news from abroad, after the string of bad news beginning with the 2023 Hindenburg Report on Adani’s round tripping of capital, and the indictment in a US court in 2024: Adani’s first major investment in Sri Lanka, the Colombo Port West Container Terminal is well on course for a soft launch in February.

Jan 24, 2025 · Adani Group had proposed establishing two wind farms with a combined capacity of 484MW in the Mannar and Pooneryn areas of Sri Lanka with an investment of $740 million. The project, scheduled to be completed by mid 2026, has run into multiple setbacks including opposition from environmental organisations, facing a separate challenge in the ...

Nov 25, 2024 · The U.S. court’s indictment has placed the Adani Group at the center of a global scandal, making it imperative for Sri Lanka to pause, reassess, and prioritize transparency.

Nov 22, 2024 · Adani Green Energy is investing $442 million in a wind power project in Mannar and Pooneryn in northern Sri Lanka. From the time the former Gotabaya Rajapaksa government roped in the firm in...

Nov 24 (Reuters) - A U.S. agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations against the founder of India's Adani Group on the agency's prior ...

Our vision for Sri Lanka is to create a brighter and prosperous future, contributing to the nation's growth while preserving its natural heritage. At Adani, we believe in the power of collaboration and innovation to drive progress.

Dec 11, 2024 · Gautam Adani’s conglomerate has said it will no longer tap $500mn in US development financing for a Sri Lankan port project after the group’s billionaire chair was accused of orchestrating a...

Nov 24, 2024 · A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire …