Adani, Sri Lanka

Sri Lanka says Adani Port Project to continue despite US charges
Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its founder and sudden changes to its financing, the island nation said Friday
No problem if Adani funds Colombo project with own resources: Sri Lanka
Ports minister Bimal Rathnayaka says Adani Group decision to reject funding from US was its own, Sri Lanka has no problem with it
Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port
The withdrawal marks another low point in U.S.-India ties after the billionaire’s indictment on charges related to fraud, and a blow to Washington’s bid to counter China’s regional clout.
Sri Lanka Approves Adani Colombo Port Project, Rejects Wind Farm
Sri Lanka's ports minister confirms support for Adani's Colombo Port project, funded by the company. However, the government opposes Adani's wind farm project in Mannar due to environmental concerns.
Adani Group pulls out of US loan deal for port in Sri Lanka’s Colombo
Subsidiary Adani Ports and Special Economic Zone Ltd said in a Tuesday statement that it was pulling its request for a loan of $553 million from the United States International Development Finance Corporation (DFC) to build the deep-sea Colombo West International Terminal.
India’s Adani drops US funding request for Sri Lanka terminal with JKH
India's Adani Ports and Special Economic Zone Limited has withdrawn a funding request from the US International Development Corporation for its Colombo West International Terminal project in Sri Lanka.
Gautam Adani indictment proving costly for the US? Adani Group says no to US loan to develop Sri Lanka port
Adani Ports opts out of DFC loan from the US, cutting American involvement in the development of the Colombo West International Terminal in Sri Lanka to counter Chinese influence
Adani Ports shares in focus after Adani group firm opts out of US funding for Sri Lanka project
Adani Ports said that Colombo West International Terminal (CWIT) project in Sri Lanka was progressing well and was on track for commissioning by early next year.
Adani backs out of $533mn US loan for Sri Lanka port
Adani Ports has withdrawn its request for a $553 million loan from the US International Development Finance Corporation (IDFC) for a Sri Lankan port project. Facing US fraud allegations, the company will now self-fund the Colombo West International Terminal development,
Adani Ports cancels financing request from DFC of US for Colombo terminal project
This comes after the US Department of Justice charged Adani Group Founder and Chairman Gautam Adani and seven others over allegedly conspiring to pay $265 million in bribes to Indian officials to secure lucrative solar power supply contracts that were expected to yield $2 billion in profits over 20 years.
Island55m
‘Indian investors eye Sri Lanka’s economic resurgence for greater cross border synergy’
Amid Sri Lanka’s journey toward economic recovery, Indian investors and businesses are closely monitoring the emerging ...
The Tribune2h
Adani can fund Colombo port with own resources: Lanka
The Sri Lankan government wants to see the deep-water container terminal project at the Colombo port go ahead and has no ...
Adani Ends US Tie-Up on Colombo Port Meant to Counter China
Embattled billionaire Gautam Adani pulled out of a loan deal with an American agency to fund a port terminal in Sri Lanka’s ...
money.rediff1d
Adani Group Stocks Rise: Green Energy Jumps 6%
Nine Adani Group stocks closed higher on Thursday, with Adani Green Energy surging over 6%. Adani Ports pulled out of a US ...