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Adani Group loses Sri Lanka power contract
Sri Lanka revokes power purchase deal with Adani Group, AFP reports
Sri Lanka has revoked a power purchase deal with India's Adani Group after a probe into U.S. allegations that the conglomerate's executives paid bribes to secure Indian power supply contracts, according to an AFP report published by the Economic Times newspaper on Friday.
Adani Group loses Sri Lanka power contract as deal revoked amid corruption allegations; group denies report
Sri Lanka's government has reportedly revoked a power purchase agreement with Adani Group amid corruption allegations against its founder Gautam Adani. President Dissanayake's administration is reviewing the proposed wind power project,
Adani Group denies cancellation of Sri Lanka power purchase deal, says it is committed to invest $1 bn for green projects
Adani Green Energy's stock experienced a decline following the news of Sri Lanka's termination of the power purchase agreement, reaching a daily low of Rs 1,008.
Sri Lanka Revokes Power Purchase Deal With India's Adani
Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said Friday.
Adani Power down 2% as Sri Lanka revokes power purchase pact with Group
Adani Power shares fell after reports suggested that Sri Lanka has cancelled a power purchase agreement with the Adani Group amid corruption allegations from the US
Sri Lanka revokes power purchasing deal with Adani, say reports
Sri Lanka revokes Adani Group power deal amid U.S. bribery probe, sparking concerns and reviews from partners and investors.
Adani Group denies cancellation of wind power projects in Sri Lanks’s Mannar and Pooneryn
Reports that Adani Group’s 484 megawatts (MW) wind power projects in Sri Lanka’s northern Mannar and Pooneryn districts have been cancelled are false and misleading, an Adani Group spokesperson said Friday.
Has Sri Lanka canceled its power purchase deal with Adani Green Energy?
Adani Green Energy’s share price fell as reports emerged of Sri Lanka cancelling the conglomerate’s over $400 million project, India Today reported. ..
Sri Lanka cancels Adani Group's $440M power purchase deal
Sri Lanka has canceled a power purchase agreement with Adani Group, amid corruption allegations against the company's founder, Gautam Adani . The decision was taken by President Anura Kumara Dissanayake's administration, which is now reviewing the proposed wind power project.
‘False and misleading’: Adani Group denies cancellation of Sri Lanka's $440 million power purchase deal; Here's why
The Adani Group has denied reports of the cancellation of its Sri Lanka power power deal, calling the reports as 'false and misleading'. The spokesperson of the ports-to-power conglomerate issued a statement on Friday,
Setback for Adani as Sri Lanka revokes power purchase deal after bribery allegations by US: Report
This comes after Sri Lankan President Anura Kumara Dissanayake's administration probed the Adani Group's local projects due to the US charges against it
energy.economictimes.indiatimes
2h
Adani Power's stock has upside potential of 54.5 pc in next 24 months: Ventura
Enhanced coal availability and business expansion are fuelling the growth of Adani Power Ltd, according to brokerage firm ...
1h
on MSN
Adani Green Energy Appoints Law Firms To Investigate US Indictment
The Adani Group firm Adani Green Energy has appointed independent law firms to investigate a US indictment that accuses the ...
18h
on MSN
Adani Power share price jumps as board declares date to announce Q3 results 2025
Adani Power announced its board will meet on January 29, 2025, to approve Q3 financial results for the quarter and nine ...
1h
BTL EPC Ltd Secures Back-to-Back Orders Worth Rs1200 Crore (including GST) from Adani Power and NTPC
BTL EPC Ltd, a flagship company of the Shrachi Group, has achieved a significant milestone by securing two back-to-back ...
The Daily Star
4d
Clear $845m by June to avoid late charges
India’s Adani power has asked Bangladesh Power Development Board to pay $845 million in arears by the end of June or face ...
6d
Top stocks of the week: Vodafone Idea, BSE, IDBI Bank, Adani Power, Adani Green Energy and more
Stocks such as Vodafone Idea, BSE, IDBI Bank, Adani Power and Adani Green Energy were among the top gainers on Nifty 200 this ...
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