Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, according to an AFP report that was published by the Economic Times ...
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 ...
“Adani Group’s wind power project will now be reviewed by a committee,” it added. The previous Sri Lankan government had in May 2024 agreed to buy electricity at 8.26 US cents per KW from ...
Shares of Adani Power Ltd are in news today after the Adani Group firm said its board would consider raising of funds on January 29. The company plans to raise funds via non-convertible ...
The recent reports that Sri Lanka has decided to revoke a 20-year power purchase agreement with India’s Adani Group has prompted considerable debate, highlighting the challenges that the nation ...
which had declined to register his previous application related to the Hindenburg-Adani Group matter. A bench headed by Justice JB Pardiwala rejected the application filed by advocate Vishal Tiwari.
The Adani Group, led by Gautam Adani, has clarified that the reports of Sri Lanka officially revoking a power purchase agreement with the Indian conglomerate due to corruption allegations are ...
he is working in the Adani Group since 2019. Currently, Jeet heads the Adani Airports business and the Adani Digital Labs.
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 January 2025 to reevaluate the tariff ...
In another positive development, the Adani Group company, post-market hours, on Wednesday announced that India Ratings has assigned ‘IND AA; Stable / IND A1+’ credit rating to the proposed non ...
Rising power demand supported by lower imported coal prices and improved domestic coal availability has substantially improved Adani Power Ltd’s (APL) average PLF, which has risen from 48 per ...