Adani’s project in Sri Lanka | Explained
1 month, 3 weeks ago

Adani’s project in Sri Lanka | Explained

The Hindu  

The story so far: On January 24, news agency AFP reported that Sri Lanka revoked a 2024 power purchasing agreement signed with Adani Green Energy Limited. The move drew attention, with many in Sri Lanka flagging President Anura Kumara Dissanayake’s pre-poll pledge to cancel the “corrupt” project that has been mired in controversy from the time it was approved. Adani Green Energy Limited is to build a wind power plant project in the Mannar and Pooneryn towns in Sri Lanka’s northern province, investing $442 million. Ferdinando resigned, days after he told a parliamentary panel that Prime Minister Narendra Modi had “pressured” Sri Lankan President Gotabaya Rajapaksa to clear the Adani Group project. In February 2023, Sri Lanka’s Board of Investment approved a project to set up two wind power plants in northern Sri Lanka, with a $442 million investment from Adani Green Energy Limited.

Energy Sri Lanka Wind Power Project Group Told Lanka Sri Dissanayake Adani Sri Lankan Gotabaya Rajapaksa Mannar Ceb  green  wind  lanka  project  told  adanis  power  explained  adani  group  energy  sri

History of this topic

Modi’s Sri Lanka Visit: Adani’s $442M Wind Power Deal Faces Pricing Roadblock
2 days, 3 hours ago

Modi’s Sri Lanka Visit: Adani’s $442M Wind Power Deal Faces Pricing Roadblock

The Hindu  

Published : Mar 31, 2025 17:40 IST - 4 MINS READ With Prime Minister Narendra Modi heading to Sri Lanka on April 4 for a three-day visit, the fate of the Adani Group’s proposed $442-million wind power project in that country will be the cynosure of all eyes. Sri Lankan President Anura Kumara Dissanayake made it a point to mention …

Wickremesinghe blames Dissanayake government for failing to secure energy project with Adani
1 week, 2 days ago

Wickremesinghe blames Dissanayake government for failing to secure energy project with Adani

The Hindu  

Sri Lanka's former President Ranil Wickremesinghe has criticised President Anura Kumara Dissanayake-led government for failing to move ahead with a Renewable Energy Project in Mannar with Indian Conglomerate, Adani. On February 13, Adani Green Energy, the renewable arm of billionaire Gautam Adani's conglomerate, withdrew from two proposed wind power projects in Sri Lanka, following the Island nation's new government deciding …

Wickremesinghe blames Dissanayake government for failing to secure energy project with Adani
1 week, 2 days ago

Wickremesinghe blames Dissanayake government for failing to secure energy project with Adani

Deccan Chronicle  

Colombo: Sri Lanka's former president Ranil Wickremesinghe has criticised President Anura Kumara Dissanayake-led government for failing to move ahead with a Renewable Energy Project in Mannar with Indian Conglomerate, Adani. He said he saw no logic in the NPP government's attempt to renegotiate the Adani green energy project. On February 13, Adani Green Energy, the renewable arm of billionaire Gautam …

Legal petitions challenging Adani power project withdrawn at Sri Lanka’s SC
2 weeks, 1 day ago

Legal petitions challenging Adani power project withdrawn at Sri Lanka’s SC

The Hindu  

Legal petitions filed at Sri Lanka’s Supreme Court last year, challenging Adani Green Energy’s proposed wind farm, were withdrawn on Tuesday, a month after the company announced its decision to exit the contentious renewable energy project. The Wildlife and Nature Protection Society, one of the petitioners, said that during Tuesday’s hearing, the Attorney General’s Department submitted a letter dated February …

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector
3 weeks, 1 day ago

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector

Associated Press  

BENGALURU, India — President Donald Trump’s decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia’s richest people, a reprieve from American corruption allegations linked to a major solar project in India. Adani’s energy projects Solar panels are installed at an under-construction site of Adani Green Energy Limited’s Renewable Energy Park in …

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector
Trending News
3 weeks, 1 day ago

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector

New Indian Express  

BENGALURU, India: President Donald Trump’s decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia’s richest people, a reprieve from American corruption allegations linked to a major solar project in India. US prosecutors allege that one of Adani’s companies duped investors by hiding that its project was backed by a $265 million …

You didn't drop Adani, Adani dropped you: Sri Lankan MP slams government
1 month ago

You didn't drop Adani, Adani dropped you: Sri Lankan MP slams government

India Today  

Tamil Progressive Alliance leader and opposition MP Mano Ganesan on Sunday slammed the Sri Lankan government over the exit of Adani Green Energy from the island nation, saying that it has sent the wrong signal to the world. Ganesan also described Adani's withdrawal as a "major blunder" that could deter future investments in Sri Lanka, particularly in the renewable energy …

Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry
1 month, 1 week ago

Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

The Hindu  

Colombo is not seeking to renegotiate the contentious renewable energy project with Adani Green, a top Sri Lankan official said, a week after the company abruptly pulled out of a wind farm initiative in the island’s Northern Province. Adani Green — which had pledged an investment of $ 442 million in wind power plants in Mannar and Pooneryn — informed …

Cannot justify Adani’s ‘excessive tariff’, Sri Lanka’s President Dissanayake tells Parliament
1 month, 2 weeks ago

Cannot justify Adani’s ‘excessive tariff’, Sri Lanka’s President Dissanayake tells Parliament

The Hindu  

Days after Adani Green announced quitting from a controversial renewable energy project in Sri Lanka, President Anura Kumara Dissanayake said awarding energy projects at an “excessive tariff” of $8.26 cents “cannot be justified”. In that context, awarding projects at an excessive tariff around $8.26 cents cannot be justified.” He further added: “To provide energy at a competitive cost to industries, …

Infra setbacks under new regimes in Sri Lanka, Bangladesh
1 month, 2 weeks ago

Infra setbacks under new regimes in Sri Lanka, Bangladesh

New Indian Express  

Adani Green Energy’s withdrawal from its wind power project from Sri Lanka follows months of stout opposition by local communities. The wind power project, signed in May 2024 by former president Ranil Wickremesinghe’s government, was slated to generate 484 MW for coastal belt of Mannar and Pooneryn. The ongoing skirmish between Adani Power and the state-owned Bangladesh Power Development Board …

INTERVIEW | Sri Lanka Needs Renewable Energy and it is in India’s Interest to Purchase That Power: Rohan Pethiyagoda
1 month, 2 weeks ago

INTERVIEW | Sri Lanka Needs Renewable Energy and it is in India’s Interest to Purchase That Power: Rohan Pethiyagoda

The Hindu  

Published : Feb 14, 2025 19:16 IST - 10 MINS READ Adani Green Energy has pulled out of two wind farm projects in Sri Lanka, citing financial unviability. The final price that was approved by the Sri Lankan Cabinet under President Ranil Wickremesinghe last year was almost three times the price usually tendered in India for a kilowatt-hour of wind …

Adani Green withdraws from controversial renewable energy project in Sri Lanka
1 month, 2 weeks ago

Adani Green withdraws from controversial renewable energy project in Sri Lanka

The Hindu  

Adani Green on Wednesday withdrew from a controversial $ 442-million renewable energy project in northern Sri Lanka, amid fierce opposition from locals and a legal battle over its approval and potential environmental impact. The company’s withdrawal from the big-ticket renewable energy project in Sri Lanka signals a significant retreat, given the Adani Group’s investment push in India’s neighbourhood in recent …

India’s Adani withdraws from troubled $442m Sri Lanka wind power projects
1 month, 2 weeks ago

India’s Adani withdraws from troubled $442m Sri Lanka wind power projects

Al Jazeera  

Conglomerate founded by billionaire Gautam Adani says it withdrew from the projects as they were ‘financially unviable’. The Indian conglomerate Adani Group has withdrawn from a troubled $442m wind power project in Sri Lanka after the island nation’s government sought to renegotiate the deal. Sri Lanka’s Board of Investment announced on Thursday it had received a letter from Adani Green …

Adani Green Energy exits Sri Lanka wind power deal; stock down 1%
1 month, 2 weeks ago

Adani Green Energy exits Sri Lanka wind power deal; stock down 1%

India Today  

Adani Green Energy shares dipped by 0.76% to Rs 909.90 at the closing bell. In a media statement, the group wrote, “Adani Green Energy has conveyed its Board’s decision to respectfully withdraw from further engagement in the RE wind energy project and two transmission projects in Sri Lanka. However, we remain committed to Sri Lanka and are open to future …

Adani’s Colombo Port Terminal Proceeds Despite International Challenges
2 months ago

Adani’s Colombo Port Terminal Proceeds Despite International Challenges

The Hindu  

Published : Feb 01, 2025 18:38 IST - 5 MINS READ For the Adani Group, there is one major good news from abroad, after the string of bad news beginning with the 2023 Hindenburg Report on Adani’s round tripping of capital, and the indictment in a US court in 2024: Adani’s first major investment in Sri Lanka, the Colombo Port …

Top news of the day: January 24, 2025
2 months, 1 week ago

Top news of the day: January 24, 2025

The Hindu  

Bhandara Ordnance factory blast: Four dead and five injured, Rescue operation continues Maharashtra Chief Minister Devendra Fadnavis said that according to preliminary information, 13 to 14 workers were stuck after the roof of a unit collapsed in the blast at the Bhandara ordnance factory. Mr. Fadnavis, in a post on X, said, “five people were rescued, and the district collector …

‘False and misleading’: Adani Group denies cancellation of Sri Lanka’s $440 million power purchase deal; Here’s why
2 months, 1 week ago

‘False and misleading’: Adani Group denies cancellation of Sri Lanka’s $440 million power purchase deal; Here’s why

Live Mint  

The Adani Group denied the cancellation of its Sri Lanka power deal on Friday, January 24, dismissing the media reports as 'false and misleading'. The spokesperson of the ports-to-power conglomerate stated on Friday that Adani’s 484 MW wind power projects in Sri Lanka's Mannar and Pooneryn have not been cancelled, and the reports stating otherwise are “false and misleading”. Adani …

Adani Green Energy: Sri Lanka revokes power purchase deal
2 months, 1 week ago

Adani Green Energy: Sri Lanka revokes power purchase deal

The Hindu  

Sri Lanka has revoked a 2024 power purchase agreement with Adani Green Energy — for a proposed wind power plant in the island’s Northern Province — following corruption allegations, news agency AFP reported on Friday. When asked about the revocation of the power purchase agreement, a media spokesman of the Adani Group said: ”The Sri Lankan Cabinet’s decision of 2 …

Adani Green Energy share price dips as Sri Lanka revokes $440 million power purchase deal
2 months, 1 week ago

Adani Green Energy share price dips as Sri Lanka revokes $440 million power purchase deal

Live Mint  

Stock market today: Shares of Adani Green Energy reversed early gains on Friday, January 24, and cracked nearly 6% from the day's high to trade in the red amid reports that Sri Lanka has revoked a $440 million power purchase deal with the company. According to a report in Daily FT, Sri Lanka's leading business newspaper, the Cabinet, led by …

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan
3 months, 3 weeks ago

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan

India Today  

The Adani Group announced plans to invest Rs 7.5 lakh crore in Rajasthan in a bid to boost the state's economy. The announcement was made during the Rising Rajasthan Global Investment Summit held in Jaipur, where the group outlined its vision for driving economic growth and development across various sectors. The Adani Group’s investment plan in Rajasthan includes projects across …

India’s Adani says his group is committed to compliance after US bribery and fraud charges
4 months ago

India’s Adani says his group is committed to compliance after US bribery and fraud charges

Associated Press  

NEW DELHI — Indian tycoon Gautam Adani said his conglomerate is committed to “world-class regulatory compliance” after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars, his first remarks since the accusations surfaced. And every obstacle becomes a stepping stone for a more resilient Adani Group,” Adani said late Saturday at an …

Adani allegations shine spotlight on India’s clean energy conundrum
4 months ago

Adani allegations shine spotlight on India’s clean energy conundrum

The Hindu  

Published : Nov 28, 2024 11:22 IST - 4 MINS READ Bribery allegations against the Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. The challenges were stark in the case of Adani Green, India’s largest renewable energy company, which took over three years to strike …

Andhra Pradesh extends power supply deadline for Adani Green Energy
4 months ago

Andhra Pradesh extends power supply deadline for Adani Green Energy

Live Mint  

New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. To Mint's queries on the extension from the Andhra Pradesh government, a spokesperson for Adani Green said the scheduled completion date of the …

Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September
4 months, 1 week ago

Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September

Live Mint  

Bengaluru: The chief executive of a two-year-old zero-revenue green energy company that recently scored a ₹10,000 crore investment commitment from REC Ltd is among those indicted in the $250 million Adani bribery case. New Delhi-based Ocior Energy’s co-founder and CEO Ranjit Gupta was the chief executive of Azure Power Global Ltd, the company in the thick of the bribery charges …

Adani's Sri Lanka port project under US scrutiny amid bribery allegations
4 months, 1 week ago

Adani's Sri Lanka port project under US scrutiny amid bribery allegations

India Today  

A US agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations against the founder of India's Adani Group on the agency's prior agreement to lend more than USD 550 million to a Sri Lankan port development backed by the group. The US International Development Finance Corporation last November said it would provide USD …

Sri Lanka ‘should be vigilant’ about Adani power deal following U.S. indictment, say experts
4 months, 1 week ago

Sri Lanka ‘should be vigilant’ about Adani power deal following U.S. indictment, say experts

The Hindu  

Sri Lanka should be vigilant about the Adani power project in the island, experts said on Thursday,after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on multiple counts of fraud. When the Adani Group came under the global spotlight in early 2023, and its stocks plummeted in the wake of U.S. short seller Hindenburg accusing …

Sri Lanka's JVP vows to cancel Adani energy project if elected
6 months, 2 weeks ago

Sri Lanka's JVP vows to cancel Adani energy project if elected

The Hindu  

The Marxist Janatha Vimukthi Peramuna on Monday vowed to cancel the Adani Group’s wind power project in Sri Lanka if it gets elected in the presidential election scheduled for the weekend. We will definitely cancel it as it threatens our energy sovereignty.” The JVP, which led a bloody anti-India rebellion in the island nation between 1987 and 1990 following India’s …

Adani Power, Adani Green Energy stocks surge up to 6% after securing 6.6 GW hybrid solar and thermal order
6 months, 2 weeks ago

Adani Power, Adani Green Energy stocks surge up to 6% after securing 6.6 GW hybrid solar and thermal order

Live Mint  

Shares of Adani Group stocks such as Adani Power and Adani Green Energy were flying high in today's early trade with gains of up to 6 per cent after both companies were issued letters of intent by the Maharashtra state DISCOM to supply a total of 6,600 MW of hybrid solar and thermal power, the companies said in a joint …

‘Shocking details soon’: Congress on Adani winning 6,600 MW power bid in Maharashtra ahead of elections
6 months, 2 weeks ago

‘Shocking details soon’: Congress on Adani winning 6,600 MW power bid in Maharashtra ahead of elections

Hindustan Times  

Senior Congress leader Jairam Ramesh on Sunday lashed out at the Maharashtra government for awarding a power contract to the Adani Group, calling it ‘yet another Modani enterprise’ – an apparent jibe at Prime Minister Narendra Modi's perceived proximity to the billionaire industrialist. All about Adani's power bid Adani Power won the bid to supply a mix of renewable and …

Sri Lanka's SC seeks response from Govt, Adani group on objections against wind power project
9 months, 2 weeks ago

Sri Lanka's SC seeks response from Govt, Adani group on objections against wind power project

Deccan Chronicle  

Colombo: Sri Lanka's Supreme Court has given Prime Minister Dinesh Gunawardena, the Cabinet and the Adani Group three weeks to file preliminary objections to a petition filed by an environmental group against the wind power project undertaken by the Indian conglomerate in the country. Sri Lanka's Adani Group renewable project entails two wind energy projects; a 250 MW in the …

Adani wind energy project challenged in Sri Lanka’s Supreme Court
10 months, 2 weeks ago

Adani wind energy project challenged in Sri Lanka’s Supreme Court

The Hindu  

Adani Green Energy’s wind energy project, coming up in Sri Lanka’s northern Mannar and Pooneryn districts, has been challenged in the island’s apex court on grounds of potential environmental impact and “lack of transparency”. The Wildlife and Nature Protection Society, one of Sri Lanka’s oldest environmental organisations set up over a century ago, on May 16 filed a Fundamental Rights …

Sri Lanka agrees to purchase power from Adani Green
10 months, 3 weeks ago

Sri Lanka agrees to purchase power from Adani Green

The Hindu  

Sri Lanka has agreed to purchase powerat $0.0826, or 8.26 cents, per kWh from Adani Green Energy, which is executing a wind power project in Mannar and Pooneryn in the island’s Northern Province. The country’s Cabinet cleared a proposal on Monday for a 20-year power purchase agreement with Adani Green Energy for the development of wind power stations to produce …

Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity
11 months, 3 weeks ago

Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity

The Hindu  

Adani Group will invest about ₹2.3 lakh crore through 2030 in India's most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India's largest renewable energy company, will invest about ₹1.5 lakh crore in expanding capacity to generate electricity …

Adani Green Energy becomes first Indian company with 10,000 MW renewable energy capacity
11 months, 4 weeks ago

Adani Green Energy becomes first Indian company with 10,000 MW renewable energy capacity

The Hindu  

Adani Green Energy Ltd on Wednesday said it has commissioned 2,000 MW of solar capacity at the giant Khavda solar park in Gujarat that has made it the first company in India with over 10,000 MW of renewable energy capacity. "In less than a decade, Adani Green Energy has not just envisioned a greener future but has actualised it, growing …

Adani Group to invest 70 per cent of total investments in green energy: Sources
1 year ago

Adani Group to invest 70 per cent of total investments in green energy: Sources

India TV News  

Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. According to sources, Adani Group is planning to invest USD 14 billion in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's …

Adani wind power project sparks concern in Sri Lanka’s Mannar district
1 year ago

Adani wind power project sparks concern in Sri Lanka’s Mannar district

The Hindu  

A wind power project being executed by Adani Green Energy in northern Sri Lanka has run into controversy, with locals and environmentalists raising concern over its possible impact on the coastal region and livelihoods. “The project expects to add 250 MW in Mannar and 234 MW in Pooneryn to the national grid,” Sri Lanka’s Minister for Power and Energy Kanchana …

Adani Group To Invest $100 Million In Green Energy Transition Over Ten Years
1 year, 3 months ago

Adani Group To Invest $100 Million In Green Energy Transition Over Ten Years

ABP News  

Adani Group said on Tuesday that it plans to invest $100 million in green energy transition in the next decade. The conglomerate released its half-yearly ESG report and stated that five of the group’s firms, namely Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC, and Ambuja Cements, have set a target to become net zero by 2050. …

Total may lead Adani plan to raise $1.5 bn for green power
1 year, 6 months ago

Total may lead Adani plan to raise $1.5 bn for green power

Live Mint  

Adani Green Energy Ltd, which is planning to raise $1.5 billion, may secure a big chunk of it from French energy giant TotalEnergies SE, two people aware of the matter said. TotalEnergies on Wednesday invested $300 million to create an equal joint venture, named Adani Green Energy Twenty Three Ltd. “Of the remaining $1.2 billion too, a major investment will …

Colombo mulls converting Adani power project to a G2G deal: Sri Lankan media
1 year, 6 months ago

Colombo mulls converting Adani power project to a G2G deal: Sri Lankan media

The Hindu  

In a cabinet memorandum last month, Sri Lanka’s Energy Minister has sought to convert the agreement with Adani Green Energy Limited — for execution of renewable energy projects in the island’s Northern Province — to a government-to-governmental deal, according to Sri Lankan media reports. Leading Colombo-based weekend newspaper The Sunday Times reported on September 3, 2023: “A US$ 400 million …

Adani power project in northern Sri Lanka to be completed by January 2025, says Minister
1 year, 8 months ago

Adani power project in northern Sri Lanka to be completed by January 2025, says Minister

The Hindu  

TheAdani Group’s renewable energy project in Mannar and Pooneryn in Sri Lanka’s Northern Province will be completed by January 2025, according to Minister of Power and Energy Kanchana Wijesekera. The commitment was given when Group Chairperson Gautam Adani met Sri Lankan President Ranil Wickremesinghe in New Delhi on July 21, the Minister said in a tweet. President Ranil Wickremesinghe to …

Adani Group AGM 2023: Gautam Adani takes a dig at Hindenburg research report
1 year, 8 months ago

Adani Group AGM 2023: Gautam Adani takes a dig at Hindenburg research report

Live Mint  

Billionaire Gautam Adani on Tuesday reiterated that the Hindenburg report was a combination of misinformation and discredited allegations. “The report was a combination of targeted misinformation and discredited allegations, the majority of them dating from 2004 to 2015,”Adani said speaking at the AGM of his group companies, Adani Group AGM 2023: Full text of Gautam Adani's speech Dear Shareholders, When …

Adani Green Energy's board approves raising Rs 12,500 crore, shares rise
1 year, 8 months ago

Adani Green Energy's board approves raising Rs 12,500 crore, shares rise

India Today  

Renewable energy company Adani Green Energy on Thursday said its board approved raising Rs 12,500 crore through a qualified institutional placement. Adani Green’s CFO Phuntsok Wangyal said in May that the company plans to expand green energy capacity by about 3 gigawatts this financial year, which will cost around Rs 14,000 crore. Adani Green Energy, in particular, has witnessed a …

Adani Green to consider fundraising on 6 July
1 year, 8 months ago

Adani Green to consider fundraising on 6 July

Live Mint  

Billionaire Gautam Adani's renewable energy company, Adani Green on Tuesday said its board would consider a proposal to raise funds by way of issuance of shares or other securities on 6 July. In a BSE filing, Adani Green informed, "A meeting of the board of directors of Adani Green Energy Limited will be held on Thursday, July 06, 2023, at …

Adani Group’s power project to be ready by December 2024: Sri Lankan minister
1 year, 9 months ago

Adani Group’s power project to be ready by December 2024: Sri Lankan minister

Live Mint  

Adani Group's renewable energy project to generate 500 MW in Sri Lanka's north and eastern regions will be completed by December next year, Energy Minister Kanchana Wijesekara said on 13 June. “We discussed the challenges, road map, and the timeline for the project completion and the commitment by Adani Green Energy to complete the project by December 2024”, Wijesekara said. …

Adani group plans to raise $800 million for green energy projects
1 year, 11 months ago

Adani group plans to raise $800 million for green energy projects

Live Mint  

Adani Group is mulling to raise nearly USD 800 million for new green energy projects, news agency Bloomberg reported Thursday, citing people familiar with the matter. This could be Adani Group's biggest borrowing since short-seller Hindenburg Research report sparked a share rout in January, the report added. The group's seven listed stocks, including Adani Green Energy Ltd, lost roughly $114 …

Adani Green operational capacity up by 49% at 8,086 MW
1 year, 11 months ago

Adani Green operational capacity up by 49% at 8,086 MW

Live Mint  

MUMBAI: Adani Group’s renewable energy arm - Adani Green, on Friday, announced a 49% jump in its operational capacity at 8,086 MW at end of the fiscal year 2023, the largest capacity increase by any domestic renewable energy firm ever. Backed by the recent capacity addition, on Friday, Adani Green said its energy sales grew by 58% year-on-year to 14.9 …

Do Adani's woes matter for India's clean energy transition?
2 years ago

Do Adani's woes matter for India's clean energy transition?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The group has a considerable stake in India's clean …

Do Adani’s woes matter for India’s clean energy transition?
2 years ago

Do Adani’s woes matter for India’s clean energy transition?

Associated Press  

BENGALURU, India — When the bidders for India’s multibillion-dollar incentive to make solar components were announced in early March, the absence of corporate behemoth Adani Group was conspicuous. The group has a considerable stake in India’s clean energy future: Adani’s renewable energy ambitions account for 10% of the country’s clean energy goals. And there may be benefits to opening space …

Adani project is like a government-to-government deal, says Sri Lankan FM: Sri Lankan Foreign Minister Ali Sabry
2 years ago

Adani project is like a government-to-government deal, says Sri Lankan FM: Sri Lankan Foreign Minister Ali Sabry

The Hindu  

Colombo sees the Adani projects in Sri Lanka as a “government to government kind of deal”, said Sri Lankan Foreign Minister MUM Ali Sabry, as it was the Indian government that had identified the Adani group for infrastructure projects including Northern Sri Lanka wind power project. Stressing that his government is “very very confident” that Adani Ports, Airports and Energy …

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