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Feb
Colombo, February 14, 2025 – Adani Green Energy, the renewable arm of billionaire Gautam Adani’s conglomerate, has withdrawn from two proposed wind power projects in Sri Lanka.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…