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Adani Green Stock Rises 2% Amid Sri Lanka Withdrawal

2/14/2025

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Summary

Story summary

Adani Green Energy Ltd. saw its stock climb 2% to over Rs 935 after it pulled out of a $442 million wind power project in Sri Lanka. This move comes as the new government seeks to drastically renegotiate tariffs, highlighting the hurdles Adani faces in expanding its international footprint.

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Story summary

Adani Green Energy Ltd. saw its stock climb 2% to over Rs 935 after it pulled out of a $442 million wind power project in Sri Lanka. This move comes as the new government seeks to drastically renegotiate tariffs, highlighting the hurdles Adani faces in expanding its international footprint.