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Adani Group loses Sri Lanka power contract
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deal with the Sri Lankan government is intact, the company said on Friday, after the AFP news agency reported it had been revoked, citing a government official and a document.
Adani denies Sri Lanka cancelled wind power purchase deal
Sri Lanka cancelled the agreement after allegations of corruption in a US probe last year, AFP reported citing unnamed government officials.
Adani Group denies cancellation of Sri Lanka power purchase deal, says it is committed to invest $1 bn for green projects
Adani Green Energy's stock experienced a decline following the news of Sri Lanka's termination of the power purchase agreement, reaching a daily low of Rs 1,008.
Sri Lanka revokes power purchase deal with Adani Group, AFP reports
Sri Lanka has revoked a power purchase deal with India's Adani Group after a probe into U.S. allegations that the conglomerate's executives paid bribes to secure Indian power supply contracts, according to an AFP report published by the Economic Times newspaper on Friday.
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 purchasing pricing deal with Adani, appoints committee to review
The Adani Group denied reports of cancellation in a media statement issued on Friday, calling them "false and misleading."
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 on Friday.
Sri Lanka cancels Adani Group's $440M power purchase deal
Sri Lanka has canceled a power purchase agreement with Adani Group, amid corruption allegations against the company's founder, Gautam Adani . The decision was taken by President Anura Kumara Dissanayake's administration, which is now reviewing the proposed wind power project.
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,
'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
19h
SL panel to review Adani power projects
The Sri Lankan government on Saturday said it had appointed a committee to review the Adani Green Energy wind power projects ...
2d
on MSN
Ventura sees 57% upside in Adani Power in 2 years, lists 5 reasons for investment
Adani Powers FY27 valuation may seem steep, but its strong profit growth-to-RoIC ratio and industry-leading revenue and ...
devdiscourse
3d
Adani Energy Solutions' Power Surge: Profits Soar and New Ventures Shine
Adani Energy Solutions reported an 80% increase in net profit to Rs 625.30 crore in Q3 2023, driven by higher revenues and ...
3d
on MSN
Adani Power share price jumps as board declares date to announce Q3 results 2025
Adani Power announced its board will meet on January 29, 2025, to approve Q3 financial results for the quarter and nine ...
2d
Adani Green appoints independent law firms to review US indictment: Report
The US indictment in November alleges the group of paying bribes to secure Indian power supply contracts and misleading US ...
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