Whether the two parties can bridge the gap and reach a mutually acceptable agreement remains to be seen. The Sri Lankan government's insistence on price revision and Adani’s re-affirmation of the initial terms, clearly sets the stage for a tense negotiation period.
There has been a raging debate in Sri Lanka on the deal, citing it as an expensive deal. The earlier government had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement.
Sri Lanka's earlier administration had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement. This agreement, announced in May 2023, triggered widespread criticism due to the high price and lack of competitive tendering.
Sri Lankan finance minister Basil Rajapaksa’s visit to clinch a big-ticket loan from India has been postponed. Is this go-slow a deliberate strategy to...
The MMCFS and MME forecasts are updated every month to satisfy the demands from different users and government authorities for the forecasts of the spatial distribution of monthly and seasonal rainfall along with the regionally averaged rainfall forecasts for better regional planning of activities.
Despite being rich in natural resources such as natural gas, coal, gold, and copper, Balochistan remains one of the poorest regions in Pakistan. The benefits of resource extraction projects largely bypass the local population, fuelling resentment.
While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.
The MMCFS and MME forecasts are updated every month to satisfy the demands from different users and government authorities for the forecasts of the spatial distribution of monthly and seasonal rainfall along with the regionally averaged rainfall forecasts for better regional planning of activities.
Despite being rich in natural resources such as natural gas, coal, gold, and copper, Balochistan remains one of the poorest regions in Pakistan. The benefits of resource extraction projects largely bypass the local population, fuelling resentment.