Adani Group signs deal for two power projects in Sri Lanka
PORTS & SHIPPING

Adani Group signs deal for two power projects in Sri Lanka

Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province, six months after it secured a strategic port terminal project in Colombo.

The agreement has not been officially announced by Sri Lanka, Adani Group or Indian authorities to jointly execute renewable power projects in Mannar, on the northwest coast of Sri Lanka, and Pooneryn, located south of the Jaffna Peninsula. However, the Ceylon Electricity Board (CEB) also signed a Memorandum of Understanding (MoU) with Adani Green Energy Limited.

The two renewable energy projects involving the Adani Group focus on generating a combined capacity of 500 MW at $500 million. Both the projects are in the Northern Province, where New Delhi objected to a Chinese energy project.

The agreement was signed on the same day National Thermal Power Corporation (NTPC) and CEB agreed to set up a 100 MW solar power project in Sampur, in east Trincomalee district.

The development comes after Gautam Adani, Chairman of Adani Group, visited Sri Lanka and held talks with President Gotabaya Rajapaksa on possible investments in Sri Lanka.

The team visited the northern Mannar district to explore the potential for wind power projects. India’s involvement in Sri Lanka's renewable energy projects comes alongside the administration of Rajapaksa on cleaner energy.

Sri Lanka has a daily peak demand of over 2000 MW and is currently experiencing a severe shortage of fuel and power, causing long power cuts across the country.

Image Source

Also read: Adani Green inks pact with SECI to supply 4,667 MW green power

Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province, six months after it secured a strategic port terminal project in Colombo. The agreement has not been officially announced by Sri Lanka, Adani Group or Indian authorities to jointly execute renewable power projects in Mannar, on the northwest coast of Sri Lanka, and Pooneryn, located south of the Jaffna Peninsula. However, the Ceylon Electricity Board (CEB) also signed a Memorandum of Understanding (MoU) with Adani Green Energy Limited. The two renewable energy projects involving the Adani Group focus on generating a combined capacity of 500 MW at $500 million. Both the projects are in the Northern Province, where New Delhi objected to a Chinese energy project. The agreement was signed on the same day National Thermal Power Corporation (NTPC) and CEB agreed to set up a 100 MW solar power project in Sampur, in east Trincomalee district. The development comes after Gautam Adani, Chairman of Adani Group, visited Sri Lanka and held talks with President Gotabaya Rajapaksa on possible investments in Sri Lanka. The team visited the northern Mannar district to explore the potential for wind power projects. India’s involvement in Sri Lanka's renewable energy projects comes alongside the administration of Rajapaksa on cleaner energy. Sri Lanka has a daily peak demand of over 2000 MW and is currently experiencing a severe shortage of fuel and power, causing long power cuts across the country. Image Source Also read: Adani Green inks pact with SECI to supply 4,667 MW green power

Next Story
Infrastructure Urban

Allcargo Gati Strengthens Doddaballapura’s Industrial Growth

Doddaballapura, once renowned for its silk sarees, has evolved into a major industrial hub, housing an Apparel Park and diverse manufacturing units producing textiles, paints, and machinery. The region’s strategic location and robust infrastructure have attracted national and international companies, boosting Karnataka’s economy.For the past four years, Allcargo Gati has been a key logistics partner, ensuring efficient distribution of goods across India. With a structured supply chain strategy—65 per ent to the north, 15-20 per cent west, 10-15 per cent east, and 5 per cent south—the c..

Next Story
Infrastructure Transport

Kolkata Metro to Suspend Green Line Services on March 8-9

The Kolkata Metro Railway has announced a complete traffic block on the East West Metro Corridor (Green Line) on March 8 and 9 for testing the Communication-Based Train Control (CBTC) system. Services will also be partially disrupted on the evening of March 7 and the morning of March 10. The Green Line, India’s first underwater metro tunnel and home to the country’s deepest metro shaft, runs from Howrah Maidan to Salt Lake Sector V. This line’s first phase was inaugurated in 2020 by then Railway Minister Piyush Goyal. Additionally, the Kolkata Metro recently introduced a paper ..

Next Story
Infrastructure Urban

India and Nepal Sign MoU to Strengthen WASH Sector Cooperation

India and Nepal signed a Memorandum of Understanding (MoU) on March 3, 2025, to enhance cooperation in the Water, Sanitation, and Hygiene (WASH) sector, including waste management. The signing ceremony took place at Sushma Swaraj Bhawan in New Delhi, attended by India’s Union Minister of Jal Shakti, CR Patil, and Nepal’s Minister of Water Supply, Pradeep Yadav. The agreement aims to foster collaboration between the two countries to improve access to clean drinking water and sanitation. It outlines key areas of cooperation such as capacity-building programs for Nepali personnel, techno..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?