Adani Group loses Sri Lanka power contract

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deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.
'Misleading': Adani Group denies report on Sri Lanka revoking power purchase deal
Adani Group has debunked rumors about the cancellation of their 484 MW wind power projects in Sri Lanka, asserting the deal is still on. The Sri Lanka
‘False and misleading’: Adani Group denies cancellation of Sri Lanka’s $440 million power purchase deal; Here’s why
The Adani Group clarified that the Sri Lankan Cabinet’s decision to reevaluate the tariff approved in May 2024 is part of a standard review process, particularly with a new government
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.
Sri Lanka power projects not cancelled: Adani
Adani Group has clarified that their power purchase agreement for wind power projects in Sri Lanka has not been revoked, despite reports to the contrary. A standard review of the tariff is underway by the Sri Lankan government,
Adani Green Energy share price dips as Sri Lanka revokes $440 million power purchase deal
Adani Green Energy shares fell nearly 6% after reaching a day’s high, following a report that Sri Lanka cancelled a $440 million power purchase agreement with the company.
Setback for Adani as Sri Lanka revokes power purchase deal after bribery allegations by US: Report
This comes after Sri Lankan President Anura Kumara Dissanayake's administration probed the Adani Group's local projects due to the US charges against it
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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 ...
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Adani Green Energy Reports 18% YoY EBITDA Growth For 9 Months Of FY25
This financial performance was driven by significant greenfield capacity additions of 3.1 GW and consistent plant performance ...
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'False and misleading': mystery surrounds fate of controversial Adani wind farms
Group owned by tycoon Gautam Adani races to deny claims Sri Lanka has cancelled deal for pioneering wind developments ...