The Sri Lankan government has greenlit a partnership with Adani Green Energy, led by Indian billionaire Gautam Adani, to construct wind power stations in Mannar and Poonerin. A negotiation committee has been tasked with assessing Adani Green s proposal, culminating in a 20-year power purchase agreement between the parties
Adani Ports & SEZ s colossal investment in the Colombo port expanded as the US International Development Finance Corporation (DFC) pledged $553 million to the Colombo West International Terminal project, which is a joint endeavor with Sri Lanka s John Keells Holdings and the Sri Lanka Ports Authority. Adani Ports & SEZ leads the consortium with a 51% stake, making the project s total value $650 million.
Adani s Partnership with Sri Lanka: Strengthening Bilateral Relations techbullion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techbullion.com Daily Mail and Mail on Sunday newspapers.
Sri Lanka s investment promotion body has approved two renewable energy projects of India’s Adani group to be set up in the north and eastern regions of the island nation at a total investment of $442 million.
The Adani group has received approval from Sri Lanka's investment promotion board to build two renewable energy projects in the island nation's north and east regions for a total of USD 442 million.
The Mannar wind farm will have a 250 MW (megawatt) operating capacity, while the Pooneryn wind farm will have a 100 MW operating capacity.
The 2 wind power plants will be built in Mannar & Pooneryn