Adani Group loses big Sri Lanka contract

Adani Group loses big Sri Lanka contract as power purchase deal is revoked amid corruption allegations
Sri Lanka's government has revoked a power purchase agreement with Adani Group amid corruption allegations against its founder Gautam Adani. President Dissanayake's administration is reviewing the proposed wind power project,
Adani in soup yet again: Sri Lanka’s AKD Government revokes 500 MW Adani wind power contract, says report
Sri Lanka’s Cabinet of Ministers chaired by President Anura Kumara Dissanayake has revoked a decision announced in June last year to award a controversial 484 MW of wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd.
Adani Power down 2% as Sri Lanka revokes power purchase pact with Group
Adani Power shares fell after reports suggested that Sri Lanka has cancelled a power purchase agreement with the Adani Group amid corruption allegations from the US
Sri Lanka Revokes Power Purchase Deal With India's Adani
Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said Friday.
Adani Green Energy share price dips as Sri Lanka revokes $440 million power purchase deal
Adani Green Energy shares fell nearly 6% after reaching a day's high, following a report that Sri Lanka cancelled a $440 million power purchase agreement with the company.
India’s Adani Green appoints law firms to review US indictment
India’s Adani Green Energy has announced the appointment of independent law firms to review allegations in the US indictment ...
energy.economictimes.indiatimes13m
Adani Power's stock has upside potential of 54.5 pc in next 24 months: Ventura
Enhanced coal availability and business expansion are fuelling the growth of Adani Power Ltd, according to brokerage firm ...
Adani Energy rises after Q3 PAT jumps 73% YoY to Rs 562 cr
Adani Energy Solutions advanced 1.20% to Rs 810.75 after the company reported 72.9% jump in consolidated net profit to Rs 561.78 crore in Q3 FY25 as compared with Rs 324.90 crore in Q3 FY24.
Adani Energy Standalone December 2024 Net Sales at Rs 348.69 crore, down 60.6% Y-o-Y
Net Sales at Rs 348.69 crore in December 2024 down 60.6% from Rs. 885.01 crore in December 2023. Quarterly Net Profit at Rs.
NewsX21h
Adani Energy Solutions Sees 80% PAT Growth In Q3 FY25, Strong Project Pipeline Ahead
AESL during Q3 secured the largest project in its operating history. It bagged its third HVDC system, the Rajasthan Phase III ...
The Financial Express21h
Adani Energy Q3 Results: Profit surges by 72.91% to Rs 561.78 crore, revenue up 27.78% YoY
Adani Energy Solutions posted revenue from operations at Rs 5830.26 crore, up 27.78 per cent as against Rs 4562.73 crore ...
Adani Energy Solutions Q3 results: Net profit jumps 73% at Rs 562 crore on-year, revenue rises 28%
Adani Energy Q3 results: Net profit jumps 73% at Rs 561.8 crore on-year, revenue up 28% (This is a developing story and will ...
Adani Green Energy Q3 profit up 85% to Rs 474 crore
Adani Green Energy Ltd (AGEL) recorded an over 85% rise in consolidated net profit to Rs 474 crore in the December quarter ...
Island8h
‘Adani Group’s foray into SL blending profit-taking with regional dominance’
By Ifham Nizam The Adani Group’s foray into Sri Lanka’s renewable energy sector has ignited significant debate, blending environmental, economic, and geopolitical narratives. Some of the Group’s ...