{"id":144770,"date":"2024-10-08T14:37:20","date_gmt":"2024-10-08T21:37:20","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=144770"},"modified":"2024-10-08T14:37:20","modified_gmt":"2024-10-08T21:37:20","slug":"sri-lankas-new-government-pledges-review-of-adani-wind-project","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2024\/10\/08\/sri-lankas-new-government-pledges-review-of-adani-wind-project\/","title":{"rendered":"Sri Lanka\u2019s new government pledges review of Adani wind project"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Adaderana<\/em><\/span><\/h2>\n\n\n<p>Colombo, October 08 &#8211; (Bloomberg) Sri Lanka\u2019s new government said it will review a wind power deal with the Adani Group, throwing a fresh hurdle for the Indian conglomerate as it seeks to expand abroad.<\/p>\n\n\n\n<p>The previous administration\u2019s approval of electricity prices for Adani Green Energy Ltd.\u2019s projects was a problem,\u201d Foreign Minister Vijitha Herath told reporters after a meeting of the Cabinet ministers on Tuesday. The new government would give the deal a fresh look after parliamentary elections are held Nov. 14, he said.<\/p>\n\n\n\n<p>The move to reassess the Adani Green deal follows through on a campaign pledge by newly elected president Anura Kumara Dissanayake, who was swept into office last month after a closely contested three-way race. Dissanayake had called the project a threat to Sri Lanka\u2019s energy sovereignty and vowed to cancel it.<\/p>\n\n\n\n<p>Herath on Tuesday said no policy decisions on major projects would be taken before the parliamentary poll. Despite Dissanayake\u2019s victory, his bloc only had three seats in Sri Lanka\u2019s 225-seat legislature.<\/p>\n\n\n\n<p>Any challenge to the deal would be a blow to Gautam Adani\u2019s ambitions, as the group led by Asia\u2019s second-richest person looks to develop multiple infrastructure projects in the island nation. Projects in the works include expansion of the Colombo container-ship port backed by the US Development Finance Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Adaderana Colombo, October 08 &#8211; (Bloomberg) Sri Lanka\u2019s new government said it will review a wind power deal with the Adani Group, throwing a fresh hurdle for the Indian conglomerate as it seeks to expand abroad. The previous administration\u2019s approval of electricity prices for Adani Green Energy Ltd.\u2019s projects was a problem,\u201d Foreign Minister [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-144770","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/144770","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=144770"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/144770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=144770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=144770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=144770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}