Sri Lanka signs a 20-year PPA with Adani Green Energy for $442M wind power plant development in Mannar & Poonerin.

Sri Lanka has signed a 20-year power purchase agreement with India's Adani Green Energy to develop wind power stations in Mannar and Poonerin. Adani Green Energy, the renewable energy arm of Adani Group, will invest $442 million and develop 484 MW wind power plants in the country. The company will be paid 8.26 cents per kilowatt-hour as per the agreement. Adani Group is also involved in a $700 million terminal project at Sri Lanka's largest port in Colombo.

May 07, 2024
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