India’s Adani says Sri Lanka wind project still on, power price under review

India’s Adani wind power projects in Sri Lanka are under review to re-evaluate already approved tariffs to ensure that the project terms align with the new government’s current priorities and energy policies, Adani Group said.

President Anura Kumara Disanayake during his election campaign promised to review proposed Adani’s wind power projects in Northern Mannar and Pooneryn.

His ruling National People’s Power (NPP) has said it wants to review the tariff which it considers expensive.

According to documents filed in court a cabinet decision on January 02, 2025 revoked a May 2026 decision on the Adani project proposal.

In May Sri Lanka said Cabinet approval has been given to pay 8.26 cents per unit to for the 484MW project, triggering a controversy over the price and court litigation by activists.

The cabinet also approved the appointment of a Project Committee and Cabinet Appointed Negotiating Committee to re-evaluate the proposal submitted by Adani Green Energy.

“The Sri Lankan Cabinet’s decision of 2 Jan 2025 to re-evaluate the tariff approved in May 2024 is part of a standard review process, particularly with a new government, to ensure that the terms align with their current priorities and energy policies,” an Adani Spokesman said in a statement.

“Adani remains committed to investing $1 billion in Sri Lanka’s green energy sector, driving renewable energy and economic growth.”

Adani’s projects have run into controversy after activists went to courts over possible impact on the environment and higher tariff.

The government has said it cannot make a final decision on the proposed deals by India’s Adani Group as there was an ongoing court case