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Sri Lanka investment board approves US$442 million Adani Green wind power plants

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COLOMBO: Sri Lanka's Board of Investment on Wednesday (Feb 22) approved two wind power plants by India's Adani Green Energy Ltd with a total investment of US$442 million, a statement issued by the board said. 'The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly

COLOMBO: Sri Lanka's Board of Investment on Wednesday approved two wind power plants by India's Adani Green Energy Ltd with a total investment of US$442 million, a statement issued by the board said.

Adani Green Energy is the renewable energy unit of the embattled Adani Group, whose seven listed companies have lost some US$125 billion in market value after a US short seller last month alleged improper use of tax havens and stock manipulation by the apples-to-airports conglomerate.

 

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Sri Lanka investment board approves $442 million Adani Green wind power plantsCOLOMBO : Sri Lanka's Board of Investment on Wednesday approved two wind power plants by India's Adani Green Energy Ltd with a total investment of $442 million, a statement issued by the board said.'The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, they wil
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