India’s Adani ready to work on energy deal on “same terms”with Sri Lanka
- CNL Reporter
- March 12, 2025
- Investment
- India’s Adani ready to work on energy deal on “same terms”with Sri Lanka
- 0 Comments
India’s Adani Green Energy has expressed its willingness to work with Sri Lanka on proposed renewable energy projects on the same terms decided earlier, a source said.
But Cabinet Spokesman Nalida Jayatissa said a discussion on the deal is possible only after a price revision.
Adani Group last month said it had decided to withdraw its wind power deals with Sri Lanka, after Colombo’s recently elected government demanded to lower the price.
The new government led by President Anura Kumara Dissanayake had demanded Adani to reduce per kilowatt-hour (KWH) to 6 US$ cents from 8.26 US$ cents, decided under the previous government.
