Top Adani team here to assess ongoing projects
A top team from India’s Adani Group is here to discuss the ongoing projects with the Wickremesinghe-Rajapaksa government.
Power and Energy Minister Kanchana Wijesekara yesterday (12) received the Adani team at his Ministry to discuss the progress of the 500 MW Renewable Energy Projects in Mannar and Pooneryn. Anil Sardana, the Managing Director and the CEO of Adani Transmission Ltd. led the project management team.
Sri Lanka, about a year ago, signed a Memorandum of Understanding (MoU) with India’s Adani Group allocating two large-scale renewable energy generation projects, in Mannar and Pooneryn in the Northern Province . The two renewable energy projects are expected to generate a combined capacity of an average of 500 MW, while the value of both projects has been estimated at around USD 500 million.
The MoU with Adani was signed at the Finance Ministry soon after the Ceylon Electricity Board (CEB) signed a Joint Venture (JV) with India’s National Thermal Power Corporation (NTPC) to set up a 50 MW solar power park in Sampur, in Trincomalee
In a tweet, Minister Wijesekara mentioned that the challenges, road map and the timeline for the project completion were discussed during the meeting.
The Minister said that they also discussed the commitment by Adani Green Energy to complete the project by December 2024.
