Adani Green pulls out of 2 Lanka power projects

Adani withdraws from Sri Lanka’s wind power projects
Adani Green Energy is set to withdraw from two proposed wind power projects in Sri Lanka, following discussions with the government.
India’s Adani Pulls Out of $1-Billion Sri Lanka Wind Power Deal
Adani Green Energy has withdrawn from a $1 billion wind power project in Sri Lanka due to disagreements with the government over the purchase price of electricity.
India's Adani to pull out of Sri Lanka wind power projects
India's Adani Green Energy has told Sri Lanka it will withdraw from two proposed wind power projects, the company said on Thursday, two weeks after Colombo said it was seeking to lower the cost of the power generated.
Adani Green pulls out of 2 Lanka power projects as new govt seeks tariff cuts
Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The projects, set to be completed by 2026, were scrutinized following a political change.
Adani Green Energy withdraws from USD 1 billion Sri Lanka Power Project
"Adani Green Energy has conveyed its Board's decision to respectfully withdraw from further engagement in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka," the
Adani Green Energy exits Sri Lanka wind project over tariff negotiations: Report
The proposed wind projects in Mannar and Pooneryn, including transmission lines would have resulted in a $1 billion investment for Sri Lanka if it had happened.
Lower merchant tariffs moderate Adani Power Q3 revenue growth
Decent power demand and higher operating capacity lifted Adani Power’s consolidated net profit 7% in Q3 from year ago but revenues saw a modest 5.2% growth on lower merchant tariffs.
NewsX15d
Adani Power Announces 9M And Q3 FY25 Results
Mr. S B Khyalia, CEO, Adani Power Limited, said, “Adani Power is well on its way to achieve its generation capacity target of 30+ GW by 2030, with rapid progress in under-construction projects, 2 ...
Fortune India16d
Adani Power reports 7% Q3 profit growth, announces ₹5,000 cr QIP
Adani Group’s private thermal power arm, Adani Power Ltd, recorded a 7% year-on-year rise in consolidated net profit for the October-December quarter, reaching ₹2,940 crore, compared to ₹2,738 crore ...
The Free Press Journal15d
Adani Power Slapped With GST Demand Of ₹31.20 Crore By Tax Authority
Adani Power; private power generation player; has been slapped with GST demand of over Rs 31 crore, according to company's exchange filling. The company's exchange filling said, tax demand ...
Reuters16d
Adani Power Ltd
India's Adani Power posted a smaller quarterly core profit on Wednesday due to a sharp drop in power demand and the thermal power producer also said it would raise 50 billion rupees ($578 ...
Adani Power Q3 Results: Net profit rises 7.4% to Rs 2,940 crore
Adani Power Ltd posted a 7.4% rise in consolidated net profit at Rs 2,940.07 crore for the December quarter, with revenue up 11% at Rs 14,833 crore. The company approved a Rs 5,000 crore fund raise ...
Mint1mon
Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED
Shares of Adani group companies witnessed strong buying action in trade on Tuesday, January 14, with all the group companies trading in the green. Adani Energy Solutions stock was at ₹773.55 ...
Yahoo Finance16d
India's Adani Power posts smaller Q3 core profit as demand drops; to raise 50 billion rupees
(Reuters) - India's Adani Power posted a smaller quarterly core profit on Wednesday due to a sharp drop in power demand and the thermal power producer also said it would raise 50 billion ...