Conglomerate founded by billionaire Gautam Adani says it withdrew from the projects as they were ‘financially unviable’.

The Colombo Chief Magistrate’s Court today sent a reminder to the Attorney General to expedite his legal advice regarding a ...

ECONOMYNEXT – Sri Lanka has sold 67.5 billion rupees in 2028 and 2030 bonds, data from the state debt office showed. All ...

COLOMBO (Reuters) -- Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore its national grid ...

Sri Lanka has sold 7.1 billion rupees of treasury bills offered on tap at an average rate of 8.42%, the state debt office said.

Last month, the government said it had begun talks with the Adani Group to trim the cost of power from the projects, ...

COLOMBO (Reuters) - Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore its national grid to full capacity after a monkey triggered a widespread blackout over the ...

The project, which involved building 484 MW wind farms in Mannar and Pooneryn with an estimated investment of nearly $1 billion, faced resistance from environmental activists and local communities ...

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

Adani Green Energy Ltd told Sri Lanka’s Board of Investment on Wednesday that it would “respectfully withdraw” from the wind ...