Cabinet Clarifies Stance on Adani Wind Energy Projects in Sri Lanka

Date:

Sri Lanka’s Cabinet Spokesman, Minister Dr. Nalinda Jayatissa, has clarified that the government has not made any decision to cancel the agreement with India’s Adani Group for wind energy projects in Pooneryn and Mannar. Speaking at a special press conference today (25), the Minister emphasized that the Cabinet’s focus is solely on reviewing the proposed electricity tariffs for the projects.

Dr. Jayatissa stated, “The Cabinet has decided to review the tariffs to ensure they are more beneficial to the energy sector and the people of Sri Lanka. This does not imply that the projects have been cancelled.”

A committee has been appointed to examine the terms of the agreements, with the goal of optimizing their benefits while maintaining the country’s energy goals.

The Minister also highlighted the ongoing legal challenges surrounding the Adani wind energy projects. “Currently, five court cases related to these agreements are before the judiciary, with one scheduled for hearing in May. The government is closely monitoring the outcomes of these proceedings before making a final decision,” he added.

Minister Jayatissa reassured the public that any decisions regarding the agreements with the Adani Group would prioritize national interest and energy sector improvements. “Our objective is to implement these agreements in a manner that supports Sri Lanka’s energy goals while safeguarding the interests of our citizens,” he said.

The clarification comes amid growing public interest and scrutiny regarding the government’s energy policies and international agreements.

Share post:

spot_imgspot_img

Popular

More like this
Related

AliExpress Suspends Budget Shipping to Sri Lanka Amid Customs Duty Reform

AliExpress, the global e-commerce platform owned by China’s Alibaba...

Sri Lanka Reschedules €30M Debt with Hungary amid Financial Stability Efforts

As Sri Lanka continues to grapple with its worst...

Japan Backs Sri Lanka’s Anti-Corruption Drive with $2.5M UNDP Project

In a significant boost to Sri Lanka’s efforts to...

Govt Unveils 5-Year Plan to Triple Digital Exports and Transform Economy

Sri Lanka has unveiled an ambitious five-year roadmap to...