Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

Rights petitions against Adani Green Energy projects in Sri Lanka withdrawn

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ights petitions against Adani Green Energy projects in Sri Lanka withdrawn<BR>PTI News<BR>Dated:- 18-3-2025<BR>PTI<BR>Colombo, Mar 18 (PTI) Five fundamental rights petitions filed against the Adani Green Energy projects in the northeastern region of Sri Lanka have been withdrawn by the petitioners. The withdrawal comes after the Attorney General filed a motion following Adani Green Energy's noti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fication to the Board of Investment about its decision to cancel its wind energy projects. Last month, the Indian conglomerate announced its withdrawal from further engagement in the renewable wind energy project in Mannar and Pooneryn. Fundamental rights petitions were filed in 2024 after the previous cabinet approved the project in May last year. The petitions pointed to the project's enviro....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nmental hazards and the lack of transparency. The Adani Group left the project after the new Sri Lankan government led by President Anura Kumar Dissanayake decided late in December to review the project and renegotiate the power purchase agreement. The previous government-negotiated price of eight cents was considered too high, with the government aiming to bring it below six cents. The Nati....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....onal People's Power (NPP) government, in the run-up to the September presidential election, had vowed to annul the project. In late December, the new cabinet opted to renegotiate the purchasing price. Speaking on Tuesday, the government spokesman Nalinda Jayathissa reiterated the government's insistence on lower unit prices. PTI CORR GRS GRS GRS<BR> News - Press release - PIB....