INSUBCONTINENT EXCLUSIVE:
in investing in Sri Lanka is to address the needs of a valued neighbour
As a responsible corporate, we see this as a necessary part of the partnership that our two nations have always shared
We are clearly disappointed by the detraction that seems to have come about
panel that he was told by President Rajapaksa about PM Modi pressuring him to give the wind power project directly to the Adani Group.The
government has not reacted to the claim, which the official retracted on Sunday evening and which President Rajapaksa has emphatically
He insisted that I look into it
I then sent a letter that the President has instructed me and that the Finance Secretary should do the needful
evening, following a strong denial by President Rajapaksa on Twitter, Mr Ferdinando also withdrew his comments, claiming he had been
by the #lka CEB Chairman at a COPE committee hearing regarding the award of a Wind Power Project in Mannar, I categorically deny
authorisation to award this project to any specific person or entity
implementation of mega power projects as early as possible
However, no undue influence will be used in awarding such projects
Project proposals for large-scale renewable energy projects is limited, but special attention will be paid to the selection of institutions
for the projects, which will be carried out strictly in accordance with the transparent and accountable system by the government of Sri
The Adani group figured in the parliamentary debate on the Electricity Amendment Bill before it was passed amid opposition protests
The opposition accused the government of ramming the bill through parliament to facilitate large renewable energy deals to the Adani group,
which signed an unsolicited government-to-government agreement to build the Mannar wind power plant.The main opposition SJB in Lanka
asserted that projects beyond 10 MW capacity should go through a competitive bidding process, but government MPs voted against it.The Adani
Group reportedly won contracts to develop two wind power projects, in Mannar and in Pooneryn, in December.Gautam Adani had visited Sri Lanka
in October and had tweeted about his meeting with President Rajapaksa.In 2021, the Adani Group had signed a $700 million deal with the
This article first appeared/also appeared in https://adaderana.lk
