Sri Lanka plans to place Adani projects under 'govt-to-govt' deal

Its power ministry cites economic distress among reasons for the move

The Ministry of Power and Energy in Sri Lanka has moved a Cabinet-level memorandum to categorise the wind power projects awarded to Adani Green Energy Ltd (AGEL) as a “government-to-government” deal between Colombo and New Delhi.

The 500 Mw wind energy projects would become part of the memorandum of understanding (MoU) signed between India and Sri Lanka for renewable energy development in the island nation during the visit of its President Ranil Wickremesinghe in July this year, said a report by The Sunday Times (Sri Lanka) on September 3.

The report cited the memorandum floated by Kanchana Wijesekera,