Adani Green Energy wins approval for $442m wind farms in Sri Lanka

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Adani Green Energy has won approval from Sri Lanka’s Board of Investment (BOI) for a couple of onshore wind farms it plans to build in the island nation with an investment of $442 million.

According to the Sri Lankan Board of Investment, the wind farms of Adani Green Energy will produce 1,500 to 2,000 jobs.

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The board stated that the two wind farms with a capacity of 350MW are expected to begin operations in a couple of years and are likely to feed into the national grid by the year 2025.

Sri Lanka has been reeling under a financial crisis in recent times and the investment from the Indian company will be more than helpful to its economy while playing a part in covering the electricity demand of its citizens.

Adani Green Energy wins approval for $442m wind farms in Sri Lanka

Adani Green Energy wins approval for $442m wind farms in Sri Lanka

Adani Green Energy is the renewable energy arm of Adani Group, which has been in the news for alleged stock manipulation.

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In late 2022, Adani Green Energy commissioned a 450MW wind-solar hybrid power plant in Jaisalmer, Rajasthan to take its overall operational capacity to more than 7GW.

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