News Arena

Home

Nation

States

International

Politics

Opinion

Economy

Sports

Entertainment

Trending:

Home
/

sri-lanka-appoints-committee-to-review-adani-wind-projects

Economy

Sri Lanka appoints committee to review Adani wind projects

The previous government of Ranil Wickremesinghe in May last year signed a 20-year power purchase agreement for the 484 MW Adani wind plants at a rate of USD 0.826 per unit. This decision drew criticism as local bidders reportedly offered lower unit prices.

News Arena Network - Colombo - UPDATED: January 25, 2025, 07:46 PM - 2 min read

Sri Lanka appoints committee to review Adani wind power projects in Mannar, Pooneryn.(File Image)


The Sri Lankan government on Saturday announced the appointment of a committee to review the Adani Green Energy wind power projects in the Mannar and Pooneryn districts.

At the same time, it stated that there was no decision to cancel the projects awarded to the Indian conglomerate.

Speaking to reporters, government spokesperson Nalinda Jayathissa clarified that the government decided against signing an agreement based on the power purchase prices negotiated by the previous administration in 2023.

“There was no decision to cancel the Mannar and Pooneryn projects, but rather to appoint a committee to review them. The committee has started its work, and once the review is complete, we will determine what changes need to be made,” he said.

The previous government of Ranil Wickremesinghe signed a 20-year power purchase agreement for the 484 MW Adani wind plants at a rate of USD 0.826 per unit in May last year. This decision drew criticism, as local bidders reportedly offered lower unit prices.

“We are not agreeable to the prices proposed. As a result, the previous pricing agreement was revoked, and the committee was tasked with revising the project, including its pricing structure,” Jayathissa said.

He also mentioned that five court cases, mostly filed by environmental organisations, are pending against the Adani agreement.

Environmental NGOs had filed petitions claiming that the projects endanger biodiversity and pose a threat to migratory birds.

TOP CATEGORIES

  • Nation

QUICK LINKS

About us Rss FeedSitemapPrivacy PolicyTerms & Condition
logo

2025 News Arena India Pvt Ltd | All rights reserved | The Ideaz Factory