As per the agreement with Sri Lanka, Adani Green was to construct two wind power projects in Mannar town and Pooneryn village, both located in the northern province of the country.

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.

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Adani Green Energy Ltd. has withdrawn from building two wind power projects in Sri Lanka after the new government sought lower tariffs last month, in the latest setback to the Gautam Adani-led conglomerate’s overseas ambitions.

Ever since news of the project broke in 2022, many in Sri Lanka criticised it and claimed it had not been awarded through a transparent process.

The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 million

Ahmedabad: Adani Green Energy on Thursday said it is withdrawing from further engagements in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka. However, it reaffirmed the availability of any development opportunity in the South Asian country.

The proposed wind projects in Mannar and Pooneryn, including transmission lines would have resulted in a $1 billion investment for Sri Lanka if it had happened.