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 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 $1 billion projects.

Hours after news broke out that Adani Green Energy, founded by Indian billionaire Gautam Adani, had decided to withdraw its wind energy project from Sri Lanka yesterday, the Daily Mirror learns that both the Indian side and Sri Lankan government had decided to go in for another set of discussions next week,

Adani Green Energy Ltd withdrew from building from two renewable energy wind farms in Sri Lanka, the company said in a statement on Wednesday.

Adani Green Energy Ltd (AGEL) has withdrawn from a nearly USD 1 billion renewable energy wind farm project in Sri Lanka. The decision comes amid mounting controversy over inflated tariffs and environmental concerns in the two regions where the project was planned—Mannar town and Pooneryn village.

Adani Green Energy has withdrawn from a $1 billion wind power project in Sri Lanka due to disagreements with the government over the purchase price of electricity.

Adani Green Energy, the renewable arm of billionaire Gautam Adani's conglomerate, has withdrawn from two proposed wind power projects in Sri Lanka, following the Island nation's new government deciding to renegotiate tariffs.

Environmental organisations, including the Wildlife and Nature Protection Society and Environmental Foundation Ltd, were against the project alleging deficiencies in environmental impact assessment

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.

The Sri Lankan government had opted to review and renegotiate the terms to bring the cost below $0.06 per unit from $0.0826, negotiated by the previous administration

Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff.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