January 05, Colombo (LNW): A fresh proposal to establish a committee for assessing the wind energy ventures of the Adani Group in Sri Lanka will be presented at tomorrow’s Cabinet meeting (06), according to a spokesperson from the Ministry of Energy.
The focus of these projects is the development of wind power plants in the regions of Mannar and Poonaryn, both of which are expected to play a crucial role in enhancing the country’s renewable energy capacity.
The projects were initially approved under the previous government, with a tariff rate of 8.26 US cents per unit for the electricity generated.
However, the new administration has raised concerns about the terms of this agreement, prompting the proposal to re-evaluate its conditions.
The proposed committee will be tasked with conducting a comprehensive review of the agreement, examining whether the tariff and other terms are in the country’s best interest.
