Cabinet forms committees to reassess Adani Group’s wind power project amid legal scrutiny

Date:

February 02, Colombo (LNW): The Sri Lankan Cabinet has established two new committees to conduct a comprehensive review of the Adani Group’s proposed wind power project, amidst ongoing legal proceedings surrounding the initiative.

Legal counsel has been sought regarding the operation of these committees to ensure that all necessary procedures are followed during the review process.

The Ministry of Power has outlined that these committees will focus on evaluating several key aspects of the project, including the projected costs, legal compliance, and the environmental impact assessments associated with the wind power development.

The aim is to ensure that the project aligns with national interests and regulations, and to address any concerns raised during the legal proceedings.

The Adani Group is planning a significant investment of US$ 1 billion into the project, which includes the construction of a 484 MW wind power facility in the regions of Mannar and Pooneryn.

However, with the legal challenges currently in motion, the government has opted to reassess the project’s feasibility and potential long-term impact before proceeding further.

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...