Web Analytics
Bangla
Loading date...
RECENT THREADS SOCIAL PAGE LOGIN

Sri Lanka has revoked a $442 million power purchase agreement with Adani Green Energy for two wind power projects following US allegations of bribery against the Indian conglomerate. The decision, marked as “Urgent & Confidential,” was finalized in early January by President Anura Kumara Dissanayake’s cabinet. Adani denies the cancellation claims, stating it’s a tariff review process. The scandal, involving $265 million in alleged bribes, has triggered global scrutiny of Adani’s projects.

Card image

News Source

FT 24 Jan 25

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.


The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.