2025-02-13
Companies
Gautam Adani-owned Adani Green Energy has reportedly decided to withdraw from its planned $1 billion wind energy project in Sri Lanka, stated media reports. Despite having most approvals, Adani Green cited delays including unresolved environmental clearance and a Supreme Court case, as reasons for its decision.
The company has informed Sri Lanka’s Board of Investment (BOI) of its decision to “respectfully withdraw” while remaining open to future projects, reports maintained.
We are still waiting for an official statement from Adani Group.
This is a developing story…
