Companies

Adani’s planned wind project has sparked a protest in Sri Lanka’s capital

the Adani Group

On Thursday, a protest was staged in the Sri Lankan capital against the proposed windmill project in the northeastern district of Mannar, which is being developed by India’s Adani business.

The Gotagogama (President Gotabaya, go home) demonstrators congregated in the bustling Bambalapitiya district south of Colombo. They carried signs protesting the lack of transparency in the project’s awarding to the Adani Group, as well as yelling chants against the Indian firm.

Following last week’s parliamentary oversight committee meetings, the 500 MW wind turbine proposal made quite a stir.

His resignation was driven by statements made during the committee hearing and subsequent action by MMC Ferdinando, the state power entity’s chair, to withdraw them.

President Gotabaya Rajapaksa was forced to respond to Ferdinando’s remarks about the project.

On Monday, a representative for the Adani Group commented on the dispute, saying: “Our investment in Sri Lanka is intended to meet the requirements of a valuable neighbor. As a responsible corporation, we consider this as an important component of the long-standing connection between our two countries “.

Administrator_India

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Nestle India Q1 net profit
Companies

Nestle India Q1 net profit slips 1.25% to Rs 594.71 cr; net sales up 9.74%

FMCG major Nestle India Ltd on Thursday reported a 1.25 percent decline in its net profit to Rs 594.71 crore for
commerce startup
Companies

Zepto has raised $200 mn to develop its 10-minute delivery service throughout India

Zepto, a rapid commerce startup founded by two 19-year-old Stanford dropouts nine months ago, has raised $200 million in a