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Adani says won’t accept change of original terms of agreement
Adani Green Energy SL Ltd yesterday (20) said that there was absolutely no basis for reports that the company offered to revise the pricing formula. The following is the text of statement issued by Adani Group spokesperson: “Adani Green Energy SL Ltd. wishes to categorically refute rumours circulating about claimed changes to its renewable energy agreement in Sri Lanka. Claims suggesting that we have offered to revise the pricing to 7 cents per kilowatt-hour are entirely false and without foundation.
We remain fully committed to the original terms of the agreement as established with the relevant Sri Lankan authorities. Adani Green Energy SL Ltd.’s investment plans and project parameters have not changed.
While the company has wilfully and respectfully withdrawn from the proposed wind project, Adani Group reaffirms that it would always be available to undertake any development opportunity if the Sri Lankan government ever considers it to participate.”
