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Sri Lanka’s JVP to cancel Adani energy project if elected

The Marxist Janatha Vimukthi Peramuna (JVP), leading in unofficial polls ahead of Sri Lanka’s presidential election, has pledged to cancel Adani Group’s $440 million wind power project, citing concerns over energy sovereignty and environmental issues.

News Arena Network - Colombo - UPDATED: September 16, 2024, 02:58 PM - 2 min read

Sri Lanka’s JVP to cancel Adani energy project if elected

Sri Lanka’s JVP to cancel Adani energy project if elected

JVP leader Anura Kumara Dissanayake, the presidential candidate from the broader front National People's Power (NPP).


The Marxist Janatha Vimukthi Peramuna (JVP) pledged on Monday to cancel the Adani Group’s wind power project in Sri Lanka if it wins the presidential election scheduled for this weekend.

 

Anura Kumara Dissanayake, JVP leader and presidential candidate from the broader National People’s Power (NPP) front, announced on a political chat show that the project would be annulled. "Yes. We will definitely cancel it as it threatens our energy sovereignty," Dissanayake said when asked if the project posed a threat to Sri Lanka’s energy sector.

 

The JVP, which led a violent anti-India rebellion from 1987 to 1990 in response to India’s intervention in Sri Lanka’s civil war through the Indo-Lanka Peace Accord, is reportedly leading in unofficial polls ahead of the September 21 election.

 

The JVP condemned the Indo-Lanka Accord as a betrayal and was responsible for attacks on ruling party members, supporters, and political activists who endorsed the pact between then-Prime Minister Rajiv Gandhi and then-President JR Jayewardena.

 

The Adani Group’s wind power project, set to be developed in the northeastern regions of Mannar and Pooneryn, has faced legal challenges.

 

 The project, involving an investment of over USD 440 million for a 20-year agreement to generate 484 megawatts of wind power, has been scrutinised in Sri Lanka’s Supreme Court.

 

 Petitioners have raised concerns about environmental impact and alleged lack of transparency in the bidding process.

 

They have also argued that the agreed tariff of USD 0.0826 per kWh is disadvantageous for Sri Lanka and should be reduced to USD 0.005 per kWh.

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