The Adani Group’s wind power projects in Sri Lanka have not been cancelled, a company spokesperson said today, after some reports said the projects have been scrapped.<\/p>\n
Reports that Adani Group’s 484 megawatt (MW) wind power projects in Sri Lanka’s northern Mannar and Pooneryn districts have been cancelled are false and misleading, the spokesperson.<\/p>\n
“We categorically state that the project has not been cancelled,” the spokesperson.<\/p>\n
Sri Lanka’s cabinet’s decision on January 2 to reevaluate tariff approved in May 2024 is part of a standard review process, particularly with a new government, to ensure that the terms align with their current priorities and energy policies, the spokesperson said.<\/p>\n
The Adani Group remains committed to investing $1 billion in Sri Lanka’s green energy sector, the spokesperson said.<\/p>\n
Sri Lanka suffered from crippling power blackouts and fuel shortages during an economic crisis in 2022. The island nation has been trying to fast-track renewable energy projects to hedge against surges in imported fuel costs.<\/p>\n
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)<\/i><\/p>\n
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