Ever since news of the project broke in 2022, many in Sri Lanka criticised it and claimed it had not been awarded through a ...

ECONOMYNEXT – A fringe Sri Lankan group protested in front of the US Embassy in capital Colombo and urged US President Donald Trump to investigate if the USAID funding was used to oust former leader ...

Conglomerate founded by billionaire Gautam Adani says it withdrew from the projects as they were ‘financially unviable’.

The Colombo Chief Magistrate’s Court today sent a reminder to the Attorney General to expedite his legal advice regarding a ...

ECONOMYNEXT – Sri Lanka has sold 67.5 billion rupees in 2028 and 2030 bonds, data from the state debt office showed. All ...

COLOMBO (Reuters) -- Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore its national grid ...

Last month, the government said it had begun talks with the Adani Group to trim the cost of power from the projects, ...

COLOMBO (Reuters) - Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore its national grid to full capacity after a monkey triggered a widespread blackout over the ...

The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 ...

Adani Green Energy Ltd told Sri Lanka’s Board of Investment on Wednesday that it would “respectfully withdraw” from the wind ...