Adani Archives - Lanka Business News

December 16, 2024

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The Colombo West International Terminal (CWIT) project, led by Adani Ports and SEZ, continues to advance as planned despite recent developments, with the company announcing it will self-finance the $700 million venture. The decision comes after withdrawing from a previously pledged $553 million loan from the US International Development Finance Corporation (DFC), demonstrating Adani’s robust […]

November 18, 2024

Dr Naresh Bana Over the last few weeks, it is noticed that an alarming narrative being built, which initially took life in social media but soon has found its way to mainstream media as well. A couple of social media handles began sharing their (ill-informed) concerns that the Adani Group, to which the Bangladesh government […]

September 24, 2024

The financing will accelerate ATGL’s CGD Network Infrastructure Development program Expansion to cater to over 200 million people covering 14% of India’s population Ahmedabad, 20 September 2024: Global lenders have provided financing to India’s leading City Gas Distribution (CGD) company, Adani Total Gas Ltd (ATGL). ATGL has entered into an overall financing framework which enables ATGL […]

June 10, 2024

Adani’s wind power tariff of 24.78 LKR per unit is the lowest in the country, cheaper than the CEB’s 100 MW Wind power plant at Thambapavani and significantly lower than oil-based power at 80 LKR per unit. By replacing higher-cost, import-dependent fossil fuel power, Adani’s project will save Sri Lanka over US$ 270 million annually […]

Adani’s Colombo Port project advances, Minister says set to boost Sri Lanka’s economy

Adani’s Bangladesh Situation has No Co-relation with Sri Lanka

Adani Total Gas Secures Largest Global Financing in the City Gas Distribution Business

Adani Wind Power Project – Sri Lanka’s lowest power tariff to benefit citizens