Adani Green Energy Sri Lanka unit replies to ministry

Adani Green Energy Sri Lanka unit replies to ministry

ECONOMYNEXT – Sri Lanka is studying a letter it had got from Adani group in response to a request to state their stance on wind power projects in the island, Energy Minister Kumara Jayakody said. After the Adani group wrote the Board of Investment saying it was withdrawing, the Ministry of Energy has written to Adani Green Energy Sri Lanka Limited seeking their stance. “We have this week received a written reply from that company,” Minister Jaya…

Controversial Sri Lanka Wind Power Project Withdrawn

Editor’s note: “In recent years, the Southeast Asian country of Vietnam experienced a boom in renewable energy investments driven by generous feed-in tariffs, under which the state committed to buying electricity for 20 years at above-market prices. However, the high tariffs increased losses for Vietnam’s state-owned power utility EVN, the only buyer of the generated electricity, and led to an increase in power prices for households and factorie…