National People’s Power (NPP) leader Anura Kumara Dissanayake said that his government would cancel Indian conglomerate Adani’s 450 MW wind power project in Sri Lanka if elected. He claimed the agreement was corrupt and skewed against Sri Lanka’s interests.
Dissanayake highlighted that Sri Lanka is purchasing energy from Adani at a rate of $0.0826 per unit, whereas a nearby Sri Lankan firm supplies energy at only $0.0488 per unit.
“The Adani project’s costs should decrease, given its large scale, but it’s the opposite. This is clearly a corrupt deal, and we will definitely cancel it,” he said.
In February 2023, Sri Lanka’s Board of Investment approved Adani Green Energy’s $442-million wind power project, with plants planned for Mannar and Pooneryn in Northern Sri Lanka.
The project has since faced legal challenges, with its details currently under Supreme Court review.
Adani Group, led by Indian billionaire Gautam Adani, is also involved in the development of a $700-million container terminal at the Colombo Port, adding to its growing presence in Sri Lanka. (Newswire)