#Renewable Energy
Sri Lanka set to pay Rs.300-500 million to Adani
Sri Lanka is set to pay Rs.300-500 million to India’s Adani Company for initial costs sustained by it in terms of the two...
Scrapping Adani deal could cost Sri Lanka millions in compensation
The Sri Lankan government is facing pressure to reimburse several million U.S. dollars to India’s Adani Green Energy following the cancellation of two...
Renewable energy sector on the brink of collapse due to Govt policy
The local renewable energy sector is facing a severe crisis following a government decision to slash electricity purchase tariffs by up to 30%,...
Cabinet approves new renewable energy tariffs
The Cabinet of Ministers has approved the revision of tariffs for renewable energy (RE) projects, including rooftop solar systems, with the new rates...
President issues ultimatum to Adani
The Adani backed wind power project will not proceed unless it meets the price set by the current government, regardless of any existing...
Adani refutes claims of pricing revision in Sri Lanka power project
India’s Adani Green Energy Limited (AGEL) has strongly denied recent speculation regarding alleged changes to its renewable energy agreement in Sri Lanka. In...
China announces plans for major renewable projects to tackle climate change
China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon...
Month after pullout by Adani Group, Sri Lanka says it’s ready to renegotiate $442 mn energy project
Sri Lanka has said it remains open for renegotiations on the USD 442 million wind energy project after India-based company Adani Group pulled...
