COLOMBO: Sri Lanka’s former president Ranil Wickremesinghe has criticised President Anura Kumara Dissanayake-led government for failing to move ahead with a Renewable Energy Project in Mannar with Indian Conglomerate, Adani.
Wickremesinghe made these remarks during a televised discussion on Saturday the text of which was released on Monday.
He also stressed the need for Sri Lanka to enhance economic cooperation with India to maximise results for the island nation.
Wickremesinghe said during his two-year term in 2022, he emphasised a South India-focused economic framework in areas of renewable energy, agriculture, and trade links.
“I explored many avenues for economic cooperation with India. Regrettably, the current government has failed to pursue the Adani renewable project in Mannar.”
He criticised them for failing to move ahead with the Renewable Energy Project in Mannar with Indian Conglomerate, Adani.
He said he saw no logic in the NPP government’s attempt to renegotiate the Adani green energy project.
“This would adversely affect all Indian investments,” Wickremesinghe said.
On February 13, Adani Green Energy, the renewable arm of billionaire Gautam Adani’s conglomerate, withdrew from two proposed wind power projects in Sri Lanka, following the Island nation’s new government deciding to renegotiate tariffs.
The company was to invest a total of USD 1 billion in generating electricity from wind at two projects and laying transmitting lines to take it to users.
The plan came under the scrutiny of the newly elected administration under President Dissanayake who wanted to reduce electricity costs.
The NPP in the run-up to last year’s presidential election said it would cancel the Adani renewable project in the northeastern region.
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