Opposition questions gov approval of wind power projects with Adani, accuses of financial fraud

Date:

June 27, Colombo (LNW): The Samagi Jana Balawegaya (SJB) has raised concerns regarding the government’s decision to develop wind power stations in Mannar and Pooneryn in partnership with India’s Adani Green Energy Limited.

At a recent briefing, former SJB MP Ajith P. Perera accused the government, particularly President Ranil Wickremesinghe and Minister of Power and Energy Kanchana Wijesekera, of engaging in large-scale financial malpractice by granting the wind power project to Adani Green Energy.

Perera highlighted that the government had agreed to purchase power at $0.0826 per KW from the proposed wind power stations to be developed by Adani Green Energy.

He criticised the decision, stating that the project had been awarded without a competitive tender process, resulting in a projected loss of millions of dollars for Sri Lanka over the next 20 years.

In support of his claims, Perera noted that WindForce PLC, which holds a 100% stake in Hiruras Power (Pvt) Ltd, had proposed a wind power project at nearly half the cost quoted by Adani.

WindForce PLC had won a tender from the Ceylon Electricity Board (CEB) to build a 50 MW wind power station in Mannar, offering electricity at $0.0488 per KW.

Perera concluded by asserting that the government’s decision to proceed with Adani Green Energy’s more expensive proposal constitutes a significant financial fraud, potentially costing Sri Lanka over a billion US dollars.

Share post:

spot_imgspot_img

Popular

More like this
Related

Ex-SriLankan Airlines Head Nishantha Wickramasinghe remanded amid ongoing corruption probe

Ex-SriLankan Airlines Head Nishantha Wickramasinghe remanded amid ongoing corruption probe

Mass graves everywhere, but where are the killers?

Mass graves everywhere, but where are the killers?

President calls for rejection of nationalist divisions and a return to ethical social foundations

President calls for rejection of nationalist divisions and a return to ethical social foundations

Sri Lanka’s export revenues show upward trend in early 2025

Sri Lanka’s export revenues show upward trend in early 2025