Sri Lanka

Modi, Lankan President Launch Key Railway Projects Built with Indian Aid

Modi, Lankan President Launch Key Railway Projects Built with Indian Aid

Anuradhapura, April 6, 2025 — Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake jointly inaugurated two major railway projects in Sri Lanka on Sunday, marking a milestone in India-Sri Lanka development ties.The leaders unveiled the refurbished 128-km Maho-Omanthai railway line, upgraded with Indian assistance of USD 91.27 million. They also launched the construction of an advanced signaling system from Maho to Anuradhapura, funded by an Indian grant of USD 14.89 million.“These landmark railway modernization projects represent a major step in strengthening north-south rail connectivity in Sri Lanka,” officials said.The upgraded infrastructure is expected to enable faster and…
Read More
Adani Green Energy Pulls Out of Sri Lanka Wind Power Projects

Adani Green Energy Pulls Out of Sri Lanka Wind Power Projects

Colombo, February 14, 2025 – Adani Green Energy, the renewable arm of billionaire Gautam Adani’s conglomerate, has withdrawn from two proposed wind power projects in Sri Lanka. The decision follows the new government's move to renegotiate tariffs. Withdrawal Cites Policy Changes In a statement, the company confirmed its exit, stating, “Adani Green Energy has conveyed its Board’s decision to respectfully withdraw from further engagement in the renewable energy wind project and two transmission projects in Sri Lanka.”The company had planned to invest $1 billion in wind power generation and transmission infrastructure. However, the newly elected administration under President Anura Kumara…
Read More