Sri Lankan official resigns amid Adani project row
2 years, 6 months ago

Sri Lankan official resigns amid Adani project row

The Hindu  

Chairman of the Ceylon Electricity Board M.M.C. Ferdinando has resigned, days after he told a parliamentary committee that Prime Minister Narendra Modi had “pressured” Sri Lankan President Gotabaya Rajapaksa to clear an Adani Group project in the island nation. Adani project sparks controversy in Sri Lanka yet again The senior Sri Lankan official subsequently withdrew the statement and apologised after President Gotabaya himself “vehemently denied” it. The agreement was finalised about five months after Adani Group Chairman Gautam Adani’s visit to Sri Lanka, when he met President Gotabaya and explored possible investments in the power and renewable energy sector. In a tweet on Sunday, Congress MP Rahul Gandhi said: “BJP’s cronyism has now crossed Palk Strait and moved into Sri Lanka.” Meanwhile, Champika Ranawaka, Opposition lawmaker and a former Minister of Power and Energy said the Adani Group had proposed a price of around 7.8 U.S. cents per unit, close to double the market rate.

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