Symbolic image only. file | Photo courtesy: Reuters
Sri Lanka’s new government Led by Anura Kumara Dissanayake, the Supreme Court on Monday (October 14, 2024) was told that it will reconsider. The previous government had given approval To India’s Adani Group for the wind power project.
A Five-member Supreme Court (SC) bench On behalf of the Attorney General, it was told that the decision to review the project was taken in the cabinet meeting held on October 7. “The final decision of the new government will be communicated after the November 14 parliamentary meeting and the establishment of the new Cabinet.” Elections,” the court was told.
Before the 21 September presidential election, President Dissanayake had pledged that his National People’s Power (NPP) coalition would cancel the project. The NPP claimed that the project was a threat to the sovereignty of Sri Lanka’s energy sector and promised that it would be canceled in the event of their victory.
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Adani Group was set to invest over $440 million in a 20-year agreement to develop 484 MW of wind power in the northeastern regions of Mannar and Poonarrin. The project faced a fundamental rights lawsuit in the Supreme Court of Sri Lanka.
The petitioners have raised environmental concerns and lack of transparency in the bidding process to pursue Adani Green Energy. The petitioners have also argued that the agreed tariff of $0.0826 per kWh will cause harm to Sri Lanka and should be reduced to $0.005 per kWh.
published – October 14, 2024 03:59 PM IST