Sri Lanka 'Revokes' 500MW Wind Power Project Deal

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deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.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 Revokes Adani's $442 Million Wind Power Project Amid Court’s Trial And Allegations Of “Backdoor Entry”
Sri Lanka has revoked a 2024 power purchase agreement with Adani Green Energy for a proposed wind power plant in the Northern Province, amid corruption allegations, AFP reported on Friday (24 January).
Adani Group denies cancellation of Sri Lanka power purchase deal, says it is committed to invest $1 bn for green projects
Adani Green Energy's stock experienced a decline following the news of Sri Lanka's termination of the power purchase agreement, reaching a daily low of Rs 1,008.
Sri Lanka revokes power purchase deal with Adani Group, AFP reports
Sri Lanka has revoked a power purchase deal with India's Adani Group after a probe into U.S. allegations that the conglomerate's executives paid bribes to secure Indian power supply contracts, according to an AFP report published by the Economic Times newspaper on Friday.
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.
Adani Green Energy: Sri Lanka 'Revokes' 500MW Wind Power Project Deal
Sri Lanka's Cabinet of Ministers led by President Anura Kumara Dissanayake has revoked a decision to award a controversial 484 MW of wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd,
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Adani Group Refutes Claims Of Sri Lanka Wind Power Project Cancellation, Says Tariff Review A Standard Process
Adani Group refutes claims that its Sri Lankan wind power projects have been cancelled, stating that the Sri Lankan ...
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Adani Power's stock has upside potential of 54.5 pc in next 24 months: Ventura
Enhanced coal availability and business expansion are fuelling the growth of Adani Power Ltd, according to brokerage firm ...
Broker’s call: Adani Power (Buy)
Adani Power Ltd's strong financial performance driven by rising power demand and improved coal availability, with a target of ...
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Adani says its power projects not cancelled
Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading, a ...
Ventura sees 57% upside in Adani Power in 2 years, lists 5 reasons for investment
Adani Powers FY27 valuation may seem steep, but its strong profit growth-to-RoIC ratio and industry-leading revenue and ...
Adani Green Profit Surges as Capacity Growth Drives Output
Adani Green Energy Ltd. reported a 92% increase in third-quarter profit, helped by a tax write-back and an increase in ...
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Adani denies cancellation of wind power project
Adani Group yesterday denied cancellation of its 484 MW wind power project in Mannar and Pooneryn. In a statement Adani said ...
India’s Adani Green appoints law firms to review US indictment
US authorities indicted Adani and other top executives, alleging that they paid bribes to secure power supply contracts.
Adani Power share price jumps as board declares date to announce Q3 results 2025
Adani Power announced its board will meet on January 29, 2025, to approve Q3 financial results for the quarter and nine ...