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deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.
Adani denies Sri Lanka cancelled wind power purchase deal
Sri Lanka cancelled the agreement after allegations of corruption in a US probe last year, AFP reported citing unnamed government officials.
‘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
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 agreement with Indian conglomerate Adani Group following allegations of corruption, according to an AFP report that was published by the Economic Times newspaper on Friday.
Sri Lanka revokes power purchasing pricing deal with Adani, appoints committee to review
The Adani Group denied reports of cancellation in a media statement issued on Friday, calling them "false and misleading."
Adani Green Energy: Sri Lankan govt revokes tariff pact, wants to renegotiate
Sri Lanka’s new government plans to renegotiate its power purchase agreement with Adani Group for wind energy projects.
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,
Adani Group denies cancellation of wind power projects in Sri Lanks's Mannar and Pooneryn
Reports that Adani Group's 484 megawatts (MW) wind power projects in Sri Lanka's northern Mannar and Pooneryn districts have been cancelled are false and misleading, an Adani Group spokesperson said Friday.
Adani Group loses Sri Lanka power contract as deal revoked amid corruption allegations; group denies report
Sri Lanka's government has reportedly revoked a power purchase agreement with Adani Group amid corruption allegations against its founder Gautam Adani. President Dissanayake's administration is reviewing the proposed wind power project,
Adani Green Energy Appoints Law Firms To Investigate US Indictment
The Adani Group firm Adani Green Energy has appointed independent law firms to investigate a US indictment that accuses the ...
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.
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India's Adani Green appoints independent law firms to review US indictment
India's Adani Green has appointed independent law firms to review the U.S. indictment of founder Gautam Adani and top Adani Green executives of paying $265 million in bribes for power contracts, it ...
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