President Anura Kumara Dissanayake has declared that the Adani Group’s proposed wind power plant in Mannar will not proceed unless the pricing terms are renegotiated to align with the new government’s position.
Speaking at a public rally held near the Mannar wind power project site, President Dissanayake made it clear that regardless of previous agreements, the plant will not be constructed unless a fair and affordable price is agreed upon.
He stated that the original agreement, which set the price of a wind power unit at Rs. 25, was orchestrated by the previous administration and even backed by the former president. However, Dissanayake argued that the real injustice lies not in halting the project, but in executing it under an inflated price agreement.
His statement comes just days ahead of the official visit by Indian Prime Minister Narendra Modi, who is scheduled to arrive in Sri Lanka on April 4.
The Indian company Adani, which was set to undertake the Mannar wind power project, reportedly withdrew following the new government’s refusal to honor the original pricing terms. Despite this, Adani has indicated that it is not willing to renegotiate or abandon the initial contract.
President Dissanayake’s remarks signal a strong stance on economic sovereignty and transparent dealings in foreign energy investments, setting the stage for potentially tense discussions during Prime Minister Modi’s upcoming visit.
