The Adani group withdraws from its $442 million wind farm project in Sri Lanka after tensions with the government, which decided to renegotiate the electricity purchase agreement and reassess the project.
The Adani group withdraws from its $442 million wind farm project in Sri Lanka after tensions with the government, which decided to renegotiate the electricity purchase agreement and reassess the project.
The Sri Lankan government has canceled a power purchase agreement with Adani, citing corruption concerns and criticism over the project’s costs. This decision marks a shift in the country’s energy policies under the new administration.
The Sri Lankan government has canceled a power purchase agreement with Adani, citing corruption concerns and criticism over the project’s costs. This decision marks a shift in the country’s energy policies under the new administration.
Despite corruption charges against Gautam Adani, CEO of the eponymous conglomerate, Sri Lanka confirms the continuation of the strategic Colombo container terminal project, vital for its struggling economy.
Despite corruption charges against Gautam Adani, CEO of the eponymous conglomerate, Sri Lanka confirms the continuation of the strategic Colombo container terminal project, vital for its struggling economy.
The Adani conglomerate has lost $55 billion in market capitalization following corruption charges against its CEO, Gautam Adani, in the United States. The case has shaken markets and jeopardized its international partnerships.
The Adani conglomerate has lost $55 billion in market capitalization following corruption charges against its CEO, Gautam Adani, in the United States. The case has shaken markets and jeopardized its international partnerships.
Iranian President Ebrahim Raissi visits Sri Lanka, continuing his Asian tour that began in Pakistan, but without his Interior Minister, Ahmad Vahidi, who is the target of an Interpol red notice for an attack in Argentina.
Iranian President Ebrahim Raissi visits Sri Lanka, continuing his Asian tour that began in Pakistan, but without his Interior Minister, Ahmad Vahidi, who is the target of an Interpol red notice for an attack in Argentina.
