Adany Green Energy has announced that it will withdraw from two wind planning projects in Sri Lanka, according to a message sent by the company to a Sri Lankan government agency.
“Adani Green Energy has conveyed the board of directors to withdraw with respect for more participation in the wind -energy return project and two projects to send in Sri Lanka. However, we are still committed to Sri Lanka and we are open to cooperation in the future if the Sri Lanka government wants to do so,” A spokesman for the Adani group said.
Last month, the Sri Lankan government said it started talks with the Adani Group to reduce the cost of electricity from projects, which cost a total of one billion dollars.
According to the deal with Sri Lanka, Adani Green had to build two wind project projects in Manar and the village of Pooneryn, both in the northern province of the country. Adani’s Renewable Energy Department has allocated an investment of $ 442 million to generate wind energy and transfer it in Sri Lanka.
The Adani Group is also participating in building a $ 700 million peripheral project in the largest port in Sri Lanka, Colombo.
Sri Lanka, who faced power outages and fuel consumption during its economic crisis in 2022, is to accelerate renewable energy projects to reduce its dependence on expensive imported fuels.
In May 2024, the previous government in Sri Lanka reached an agreement to purchase electricity at a rate of $ 0.0826 per kilowatts from the ADANI wind power planned to build in the northwestern region of the island.
The opposition of the agreement came from activists who believe that smaller renewable energy projects were able to provide electricity at a much lower cost compared to Adani’s proposal.
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