Adani Group loses Sri Lanka power contract

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).
Sri Lanka revokes power purchase deal with Adani
Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said on Friday.
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 Power down 2% as Sri Lanka revokes power purchase pact with Group
Adani Power shares fell after reports suggested that Sri Lanka has cancelled a power purchase agreement with the Adani Group amid corruption allegations from the US
Sri Lanka Cancels Adani Wind Power Agreement, Company Denies Cancellation
Sri Lanka has terminated its power purchase agreement with the Indian conglomerate Adani Group amid corruption allegations, according to sources in the country’s energy ministry cited by Agence France-Presse (AFP) on Friday.
Sri Lanka’s AKD Government scraps 500 MW Adani Wind Power deal: Report
Sri Lanka’s Cabinet, under President Anura Kumara Dissanayake, has canceled the award of 484 MW wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd, a project initially granted in June 2024 by former Prime Minister Ranil Wickremesinghe.
Adani dismisses reports of Lanka power project cancellation
The island nation has been trying to fast-track renewable energy projects to hedge against surges in imported fuel costs.
Sri Lanka Revokes Power Purchase Deal With India's Adani
Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said Friday.
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deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.
'False, Misleading...' Adani Group On Cancellation of Sri Lanka Power Purchase Deal - See Statement
The Adani Group, led by Gautam Adani, has refuted claims that Sri Lanka officially revoked its power purchase agreement (PPA) with the Indian conglomerate due to corruption allegations. The group has
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Adani Group Refutes Claims Of Sri Lanka Wind Power Project Cancellation, Says Tariff Review A Standard Process
The Adani Group on Friday categorically denied reports claiming that Adani's 484 MW wind power projects in Mannar and ...
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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 ...
Sri Lanka ‘revokes’ power purchasing deal with Adani
Sri Lanka revokes Adani Green Energy power purchase agreement amid corruption allegations, project under review.
Sri Lanka revokes power purchasing deal with Adani, say reports
Sri Lanka revokes Adani Group power deal amid U.S. bribery probe, sparking concerns and reviews from partners and investors.