Adani Green pulls out of 2 Lanka power projects as new govt seeks tariff cuts

Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The projects, set to be completed by 2026, were scrutinized following a political change. Adani deemed the revised tariff unviable but remains open to future collaboration with Sri Lanka.

Feb 14, 2025 - 21:00
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Adani Green pulls out of 2 Lanka power projects as new govt seeks tariff cuts
Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The projects, set to be completed by 2026, were scrutinized following a political change. Adani deemed the revised tariff unviable but remains open to future collaboration with Sri Lanka.

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