Sri Lanka appoints committee to assessment Adani wind energy initiatives in Mannar, Pooneryn

The Sri Lankan authorities on Saturday stated it has appointed a committee to assessment the Adani Inexperienced Vitality wind energy initiatives in Mannar and Pooneryn districts.

On the similar time, it stated there was no choice to cancel the initiatives awarded to the Indian conglomerate.

Chatting with reporters in Colombo, authorities spokesperson Nalinda Jayathissa clarified that the federal government determined in opposition to signing an settlement primarily based on the facility buy costs negotiated by the earlier administration in 2023.

“There was no choice to cancel the Mannar and Pooneryn initiatives, however quite to nominate a committee to assessment them. The committee has began its work, and as soon as the assessment is full, we are going to decide what modifications should be made,” he stated.

The earlier authorities of Ranil Wickremesinghe in Might final 12 months signed a 20-year energy buy settlement for the 484 MW Adani wind vegetation at a fee of USD 0.826 per unit. This choice drew criticism as native bidders reportedly provided decrease unit costs.

“We’re not agreeable to the costs proposed. In consequence, the earlier pricing settlement was revoked, and the committee was tasked with revising the mission, together with its pricing construction,” Jayathissa stated.