Adani’s Exit from Sri Lanka’s Wind Power Project: A Major Economic and Environmental Setback
India’s Adani Green Energy has announced its withdrawal from the proposed 484 MW wind power project in Mannar and Pooneryn, which included a.
Energy
Energy
Adani’s Wind Power Proposal Could Lead to $1.26 Billion Loss for Sri Lanka
Indian giant Adani recently withdrew from its proposed $1 billion, 500 MW wind power project in Sri Lanka. Analysts have raised concerns over.
- February 17, 2025
Energy
Sri Lanka Sustainable Energy Authority Warns Public Against Fraudulent Solar Power Installers
The Sri Lanka Sustainable Energy Authority (SLSEA) has issued a public notice urging homeowners and institutions to verify the legitimacy of service providers.
- December 18, 2024
Trade Relations
UAE, COYLE to Boost Trade, Tech, and Tourism Ties
At a recent roundtable discussion organized by the Chamber of Young Lankan Entrepreneurs (COYLE), UAE Ambassador to Sri Lanka Khaled Nasser Al Ameri.
- November 21, 2024
Economics
Aitken Spence Reports 10.4% Growth in EBITDA to Reach Rs. 8.9 Billion in 1H25
Aitken Spence PLC, a leading diversified conglomerate, announced a strong financial performance for the first half of the fiscal year 2025. The company.
- November 18, 2024
International Economic Developments
Korean Ambassador Pledges New Investments and Strengthened Ties with Sri Lanka
The Ambassador of the Republic of Korea, Miyon Lee, paid a courtesy visit to President Anura Kumara Dissanayake at the Presidential Secretariat on.
- October 10, 2024
Energy
Sri Lanka to Review Wind Energy Procurement, Including Adani Project, Post-Elections
Sri Lanka’s government plans to review its wind energy procurement practices, including the project involving India’s Adani Group, after the upcoming parliamentary elections,.
- October 10, 2024
International Economic Developments
Biden Commits to Strengthening US-Sri Lanka Ties in Letter to Dissanayake
In a letter to Sri Lanka’s newly elected President Anura Kumar Dissanayake, US President Joe Biden expressed a commitment to strengthening ties between.
- October 9, 2024
Industry Analysis
E.B. Creasy Solar Launches New Solar Solutions Outlet in Wellawaya
E.B. Creasy Solar, a leading provider of solar energy solutions in Sri Lanka, has expanded its presence with the opening of a new.
- October 7, 2024
Economics
CEBEU Expresses Hope Amid Leadership Changes to Prevent Power Crisis in 2026-2027
The Ceylon Electricity Board Engineers’ Union (CEBEU) has expressed optimism that recent leadership changes at the Ceylon Electricity Board (CEB) will create a.
- October 7, 2024