Sri Lanka’s Cabinet, under President Anura Kumara Dissanayake, has canceled the award of 484 MW wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd, a project initially granted in June 2024 by former Prime Minister Ranil Wickremesinghe.

Sri Lanka revenue mobilisation witnessed an increase in tax revenue from a low 7% of GDP in 2022 and 11% in 2024 but this ratio is still low compared to others in the region, said World Bank Sri Lanka and Maldives Country Manager Gevorg Sargsyan,

Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said yesterday.

The geographical location of Sri Lanka in close proximity to South India, foreign policy of India, South Indian politics based on Tamil ethnicity, Indo-China power struggle in Indo Pacific region, global power politics and political situation of Sri Lanka are considered governing factors of Indo-Lanka relations invariably from its inception up to the present status.

Adani Green Energy shares fell nearly 6% after reaching a day’s high, following a report that Sri Lanka cancelled a $440 million power purchase agreement with the company.

School development officers protested on Monday in front of the Colombo Fort railway station, demanding integration into the state teachers’ service.

Printcare, a leading Sri Lankan printing and packaging solutions provider, has officially launched its new state-of-the-art facility in Kenya, marking a

Sri Lanka revokes Adani Green Energy power purchase agreement amid corruption allegations, project under review.

The persistent issue of poorly managed roadworks in Sri Lanka has reached a critical juncture, becoming a glaring example of inefficiency and mismanagement in public infrastructure development. Across the country,

Sri Lanka have named an 18-member squad for their home two-match Test series against Australia. The Lankan Lions have listed two uncapped players alongside three injury doubts. Both the matches are set to be played in Galle with the first one beginning on January 29.

Sri Lanka’s apparel industry has recorded export earnings of $4.7bn in 2024, marking a year-on-year (YoY) growth of nearly 5%.