Sri Lanka-Adani power deal is still on: Govt spokesperson confirms, firm to lower wind power costs

The Sri Lankan government has initiated discussions with India’s Adani Group to reduce the cost of power from two wind power projects set to be constructed in the island nation’s northern province.

These projects, part of a $442 million investment by the Adani Group, aim to generate 500 MW of renewable energy. The initiative aligns with Sri Lanka’s goal of increasing renewable energy sources to address its energy crisis and boost economic recovery.

(This is a developing story)

 » Read More

Related Articles

Claimed 87A tax rebate for capital gains? Income-Tax Dept sending demand notices

Tax rebate under Section 87A helps taxpayers lower their tax liability under both tax regimes – old and new. Before July 5, taxpayers were allowed to claim this rebate on even special-rate incomes, including short-term capital gains. However, the tax department after July 5 modified the utility for tax-return filers to not allow them to

Motilal Oswal’s 4 funds shine despite market crash – Check their 1-year returns

At a time when mutual funds across categories are struggling to remain upbeat amid sustained market sell-offs, Motilal Oswal Mutual Fund has emerged as a clear winner with its large cap, mid cap, small cap, and flexi cap funds leading in their respective categories. Despite more than 20% correction in mid- and small-cap stocks and

Aviation flying high – 4 factors driving higher Q4 estimates are…

Demand trends in the aviation sector remained robust in Q4FY25 as per various indicators spanning daily traffic, Passenger Load Factor (PLFs), management commentaries and media reports. This is particularly positive considering Q4 being a typically weak quarter followed by seasonally strong Q1. ICICI Securities said that December is typically a seasonally strong month for air

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Claimed 87A tax rebate for capital gains? Income-Tax Dept sending demand notices

Tax rebate under Section 87A helps taxpayers lower their tax liability under both tax regimes – old and new. Before July 5, taxpayers were allowed to claim this rebate on even special-rate incomes, including short-term capital gains. However, the tax department after July 5 modified the utility for tax-return filers to not allow them to

Motilal Oswal’s 4 funds shine despite market crash – Check their 1-year returns

At a time when mutual funds across categories are struggling to remain upbeat amid sustained market sell-offs, Motilal Oswal Mutual Fund has emerged as a clear winner with its large cap, mid cap, small cap, and flexi cap funds leading in their respective categories. Despite more than 20% correction in mid- and small-cap stocks and

Aviation flying high – 4 factors driving higher Q4 estimates are…

Demand trends in the aviation sector remained robust in Q4FY25 as per various indicators spanning daily traffic, Passenger Load Factor (PLFs), management commentaries and media reports. This is particularly positive considering Q4 being a typically weak quarter followed by seasonally strong Q1. ICICI Securities said that December is typically a seasonally strong month for air

What is fuelling real estate growth in Bahadurgarh?

Real estate has been on an upward trajectory over the past few years after nearly a decade of stagnation. The National Capital Region (NCR) has outperformed many other cities, with several satellite towns delivering significant returns. More recently, Bahadurgarh has joined this growth trend, witnessing a surge in real estate activity and emerging as a

Four reasons Jefferies sees big buying opportunity in hospitals; top 4 picks are…

The brokerage house Jefferies said that given the earnings outlook of the hospital stocks, any weakness in them should be looked at as a buying opportunity. With Max Healthcare as its top pick in the sector. It has a Buy rating on the stock with a target price of Rs 1,380. The other key stocks Jefferies