The Adani Group on Friday denied reports that its 484 MW wind power projects in Sri Lanka’s Mannar and Pooneryn had been cancelled.
“Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading. We categorically state that the project has not been cancelled,” said an Adani Group spokesperson.
The statement comes after reports earlier on Friday indicated that the Sri Lankan Cabinet, led by President Anura Kumara Dissanayake, had revoked the company’s power purchase agreement.
The Adani Group clarified that the Sri Lankan Cabinet’s decision on January 2, 2025, to reevaluate the tariff approved in May 2024 was part of a standard review process. “The Sri Lankan Cabinet’s decision of 2 Jan 2025 to reevaluate the 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.
Earlier reports suggested that the Sri Lankan government had revoked the power purchase agreement following corruption allegations against Adani’s founder, Gautam Adani. According to sources within Sri Lanka’s energy ministry, investigations have been launched into Adani’s local projects, partly due to bribery charges filed against Adani in the United States in late 2024.
“The government has revoked the power purchase agreement, but the project itself is not cancelled,” an official told AFP. “A committee has been established to review the entire project.”
MDW Live! News Network 
The Adani Group on Friday denied reports that its 484 MW wind power projects in Sri Lanka’s Mannar and Pooneryn had been cancelled.
“Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading. We categorically state that the project has not been cancelled,” said an Adani Group spokesperson.
The statement comes after reports earlier on Friday indicated that the Sri Lankan Cabinet, led by President Anura Kumara Dissanayake, had revoked the company’s power purchase agreement.
The Adani Group clarified that the Sri Lankan Cabinet’s decision on January 2, 2025, to reevaluate the tariff approved in May 2024 was part of a standard review process. “The Sri Lankan Cabinet’s decision of 2 Jan 2025 to reevaluate the 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.
Earlier reports suggested that the Sri Lankan government had revoked the power purchase agreement following corruption allegations against Adani’s founder, Gautam Adani. According to sources within Sri Lanka’s energy ministry, investigations have been launched into Adani’s local projects, partly due to bribery charges filed against Adani in the United States in late 2024.
“The government has revoked the power purchase agreement, but the project itself is not cancelled,” an official told AFP. “A committee has been established to review the entire project.”
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