{"id":132468,"date":"2023-02-24T16:07:58","date_gmt":"2023-02-24T23:07:58","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=132468"},"modified":"2023-02-24T16:07:58","modified_gmt":"2023-02-24T23:07:58","slug":"sri-lanka-okays-adanis-442-mn-wind-power-plants-in-mannar-and-pooneryn","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2023\/02\/24\/sri-lanka-okays-adanis-442-mn-wind-power-plants-in-mannar-and-pooneryn\/","title":{"rendered":"Sri Lanka okays Adani&#8217;s $442-mn wind power plants in Mannar and Pooneryn"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Times of Oman<\/em><\/span><\/h2>\n\n\n<p><strong>New Delhi:<\/strong>&nbsp;Sri Lanka&#8217;s Board of Investment has approved the two wind power plants of Adani Green Energy to be built in Mannar and Pooneryn at a total investment of $442 million.<\/p>\n\n\n\n<p>According to the statement released by the Board of Investment of Sri Lanka on Friday, it has issued a letter of approval to Adani Green Energy Limited, for the two wind power plants. Also, the new project will generate 1,500-2,000 new employment opportunities. The wind power plant in Mannar will operate at a capacity of 250 megawatt (MW) while the wind power plant in Pooneryn will operate at a capacity of 100 MW.<\/p>\n\n\n\n<p>The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, will be added to the national grid by 2025.<\/p>\n\n\n\n<p>Fitch Ratings on Thursday affirmed the &#8216;BBB-&#8216; ratings on the $400 million senior secured notes issued by the restricted group of India-based Adani Transmission Ltd (ATL, BBB-\/Stable).<\/p>\n\n\n\n<p>The outlook is stable, the statement from Fitch said. The restricted group includes six co-issuers &#8212; Barmer Power Transmission Service Limited, Chhattisgarh-WR Transmission Limited, Hadoti Power Transmission Service Limited, Raipur-Rajnandgaon-Warora Transmission Limited, Sipat Transmission Limited and Thar Power Transmission Service Limited and one non-issuing Special purpose vehicle (SPV), Adani Transmission (Rajasthan) Ltd (ATRL).<\/p>\n\n\n\n<p>The Dhaka Tribune in a report on Thursday said the Adani Group will supply electricity to Bangladesh for the next 25 years.<\/p>\n\n\n\n<p>According to the agreement the company signed with the Bangladesh government, Adani is setting up a power plant in the Godda district of Jharkhand and once the plant starts to produce power, it will supply electricity to Bangladesh.<\/p>\n\n\n\n<p>The report added that Bangladesh signed the deal with Adani Power back in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Times of Oman New Delhi:&nbsp;Sri Lanka&#8217;s Board of Investment has approved the two wind power plants of Adani Green Energy to be built in Mannar and Pooneryn at a total investment of $442 million. According to the statement released by the Board of Investment of Sri Lanka on Friday, it has issued a letter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-132468","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/132468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=132468"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/132468\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=132468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=132468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=132468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}