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 Energy is withdrawing from two proposed wind power projects in Sri Lanka, following discussions with the country's government on reducing the cost of power generation. The decision comes two weeks after Colombo,

India’s Adani Group has decided to pull out of its $440mn wind power projects in Sri Lanka after the new government in Colombo launched a review of the tariffs agreed for the deal.

For the Adani Group, there is one major good news from abroad, after the string of bad news beginning with the 2023 Hindenburg Report on Adani’s round tripping of capital, and the indictment in a US court in 2024: Adani’s first major investment in Sri Lanka, the Colombo Port West Container Terminal is well on course for a soft launch in February.

Adani Green withdraws from controversial renewable energy project in Sri Lanka amid legal battle and environmental concerns.

Adani Green Energy has withdrawn from two wind power projects in Sri Lanka due to financial unviability, following discussions to reduce costs. The decision comes amid scrutiny from U.S. authorities and Sri Lanka’s economic strain,

India's Adani Green Energy said it will withdraw from two proposed wind power projects in Sri Lanka, according to a letter sent by the company to a Sri Lankan government agency. The Sri Lankan government said last month it has started talks with the Adani Group to lower the cost of power from the projects estimated to cost a total of $1 billion.

Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff.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.