Adani Group Archives - Lanka Business News

January 19, 2025

-Stocks surge in signal of strengthening investor confidence- 18th January 2025: Adani Group companies witnessed a significant surge in their stock prices, rising up to 7 percent in early trading on January 16, 2025, following the announcement that Hindenburg Research, the controversial US-based short-selling firm, would cease operations. The news is a notable turning point […]

January 15, 2025

15th January 2025: Adani Group companies in renewable energy, ports, and petrochemicals, are breaking new ground demonstrating a strong commitment to operational excellence, sustainability, and global expansion. Adani Green Energy Limited (AGEL) strengthened its position as India’s renewable energy leader with significant capacity additions. Over the last few weeks, it commissioned multiple projects, reinforcing the […]

December 18, 2024

18th December 2024: Adani Group’s investments in Sri Lanka have received strong backing from President Anura Kumara Dissanayake. In an exclusive interview with India’s Economic Times, he emphasized his government’s focus on the conglomerate’s local performance rather than its international dealings. “What is important for us is how they work with us,” President […]

December 3, 2024

Despite global scrutiny arising from allegations against the Adani Group’s top executives in the United States, international and regional stakeholders have reaffirmed their confidence in ongoing partnerships with the conglomerate. Stakeholders including the Sri Lanka Ports Authority (SLPA) and Abu Dhabi’s International Holding Company (IHC), along with the Tanzanian government, have endorsed support for the […]

November 11, 2024

Dr. Naresh Bana The Adani Group’s wind power project in Mannar, Sri Lanka, has a planned capacity of 250 megawatts (MW). This project is part of a broader investment in renewable energy by Adani group in Sri Lanka, with expected completion by 2025. This initiative aims to support Sri Lanka’s renewable energy goals and create […]

October 4, 2024

4 October 2024: The Adani Group and Google announced a collaboration today that will advance the companies’ collective sustainability goals and add more clean energy to India’s grid. Through this partnership Adani will supply clean energy from a new solar-wind hybrid project located in the world’s largest renewable energy plant at Khavda, Gujarat. This new […]

August 5, 2024

In a significant development for Sri Lanka’s renewable energy sector, the Supreme Court of Sri Lanka has refused an early hearing on petitions challenging the Adani Group’s wind power projects in the country. The Court, citing the project’s national importance to the economy and energy sustainability, has appointed a fuller five-member senior bench to hear […]

Adani Group vindicated with Hindenburg Research closure

Adani Group companies chart new heights with strategic expansion and sustainable growth

Adani Group dealings with other countries not Sri Lanka’s concern – President

International and Local Stakeholders reaffirm support for Adani Group

Preserve the Investment Climate: Case of Adani’s Mannar Wind Power Project

Adani and Google announce clean energy collaboration in India

Supreme Court’s Decision Bolsters Sri Lanka’s Green Energy Future with Adani Wind Power Project