Sri Lanka is ‘not looking to renegotiate’ its power contract with Adani Green

• Adani Green, a company with $442 million investment in wind power plants in Mannar and Pooneryn, withdrew from the project in a letter to Sri Lanka’s Board of Investment.

• The company’s decision to withdraw from the project is a call from the company, not Sri Lanka’s.

• Adani Green is open to future collaboration if the government desires it.

• The government is open to foreign investments, but will not lobby specific investors.

• The withdrawal comes after a 2024 power purchasing agreement was revoked by President Anura Kumara Dissanayake’s Cabinet.

• Sri Lanka’s Cabinet cleared a proposal to set up solar power plants in Sampur, a joint venture between Sri Lanka and India.