President Anura Kumara Dissanayake has taken a firm stance against the power purchase agreement for the Mannar wind power plant with the Adani Group. He stated that his government will not proceed with the deal unless the company agrees to the government’s proposed price of US$ 4.57 cents per unit. This price is significantly lower than the US$ 8.26 cents per unit agreed upon by the previous government.
The President highlighted the cost difference, which translates to Rs. 13 per unit instead of Rs. 25, and questioned the whereabouts of the additional costs, suggesting corruption in past administrations. He dismissed calls to proceed with the previous agreement, emphasizing that his government will only move forward if the company accepts their terms.
The Adani Group had previously withdrawn from the $442 million wind power project in Sri Lanka due to attempts by the country’s authorities to modify the agreement.