Try GOLD - Free
Adani off $442 mn wind power project in Lanka
Hindustan Times Noida
|February 14, 2025
Indian conglomerate Adani Group has withdrawn from a troubled $442 million wind power project in Sri Lanka after the island nation's government sought to renegotiate the deal.
COLOMBO:
Sri Lanka's Board of Investment (BOI) said it received a two-page letter dated Wednesday from Adani Green Energy Limited saying it had decided to "respectfully withdraw" from the project. A BOI official told AFP the government was yet to respond to the letter while a spokesman for Adani said the firm would make a public statement later Thursday.
The withdrawal move followed a decision by President Anura Kumara Dissanayake's administration to revoke a power purchase agreement with Adani Group to negotiate lower energy costs.
Dissanayake's party had strongly criticised the deal as "corrupt" and wanted it renegotiated.
This story is from the February 14, 2025 edition of Hindustan Times Noida.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Noida
Hindustan Times Noida
‘Handling pressure of being hosts key to India’s ambitions in WC’
Few names in women’s cricket carry as much weight as Belinda Clark's. A pioneer, record-holder and administrator, Clark has been a trailblazer but also witnessed the evolution of the game.
3 mins
October 03, 2025
Hindustan Times Noida
Karan hits back at ex, Anusha, later deletes his Insta post
Actor Karan Kundrra has hit back at allegations made by his former girlfriend, actor-host Anusha Dandekar, who recently suggested he had been unfaithful during their three-and-a-half-year relationship.
1 min
October 03, 2025
Hindustan Times Noida
Doyen of classical music who transcended genres and enriched India’s cultural legacy
{ PANDIT CHHANNULAL MISHRA } 1936-2025
1 min
October 03, 2025
Hindustan Times Noida
Hexaware faces $500 million patent lawsuit
American information technology (IT) services firm Natsoft Corp. sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.
2 mins
October 03, 2025
Hindustan Times Noida
At UNHRC, India slams Pak for 'hypocrisy' over human rights
India slammed Pakistan at the 60th session of the United Nations Human Rights Council (UNHRC) in Geneva, for its “hypocrisy” on human rights and highlighting the persecution of minorities within Pakistan.
1 mins
October 03, 2025
Hindustan Times Noida
DU keeps you grounded: Miss Universe India Manika
This 22-year-old student of Delhi University (DU) is no ordinary girl next door.
1 mins
October 03, 2025
Hindustan Times Noida
A colonial era prison lost to time
The Old Central Jail, once a Mughal 'serai' and later a colonial prison, exists today in fragments amid weed and a fading memory
3 mins
October 03, 2025
Hindustan Times Noida
{ DR GG PARIKH } 1924-2025 Veteran Gandhian leader, freedom fighter Parikh dies at 101
It was befitting that the last of the legendary Gandhians should die on Gandhi Jayanti. Dr GG Parikh who passed away on Thursday morning was one of those rare figures whose death at the age of 101 will be mourned not just by the grey eminences talking about a ‘second’ freedom movement, but also by hundreds of young grassroots workers for whom he was an inspiration, and as evidenced by many of them breaking down at his funeral in Mumbai.
2 mins
October 03, 2025
Hindustan Times Noida
Messi to visit India for 4-city tour in December
Lionel Messi on Thursday confirmed his participation in the much-anticipated GOAT Tour of India, calling itan “honour” to revisit the “passionate football nation” where he last played 14 years ago.
1 min
October 03, 2025
Hindustan Times Noida
First day, first show: Pace makes Windies crumble
India are only 41 runs away from taking a first innings lead with eight wickets in hand
3 mins
October 03, 2025
Listen
Translate
Change font size