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 major wind power projects in the Northern Province, the Daily Mirror reported.
Adani Green Energy officially informed the government earlier this year of its decision to withdraw from the proposed renewable energy projects in Mannar and Pooneryn, which were expected to inject 350 megawatts into the national grid by 2025. The company had committed to invest approximately US$ 442 million in the ventures.
The withdrawal followed the new government’s attempt — under the National People’s Power (NPP) administration — to renegotiate the power purchase cost initially agreed upon by the previous regime. The NPP leadership deemed the rates too high and opted not to proceed under the existing terms.
In May, Adani formally requested reimbursement for preliminary costs incurred in collaboration with the Sri Lanka Sustainable Energy Authority (SEA), including a reported US$ 3 million already paid to the SEA. However, the total claim amount is yet to be finalised.
A senior official from the Ministry of Power and Energy has stated that legal consultation is being sought before making any commitments and will be done only through Cabinet approval.
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