#adani sri lanka project

[adanisrilanka]

The newly formed Sri Lankan Government is currently reviewing the project plan for the development of two wind power projects in Sri Lanka. Once this project receives the required approval, it will be Sri Lanka's largest renewable energy project. The project will also be the nation's biggest power project to date. It will contribute to enhanced power supply in Sri Lanka. The Adani Srilanka project will also ensure that Sri Lanka does not have to suffer from frequent power blackouts, thereby disrupting the living conditions of the people. 

[adaniaustralia]

The conglomerate has been a part of a lot of projects in neighbouring countries like Bangladesh, Sri Lanka, Indonesia, and Nepal. It has also been a part of the Adani Australia project which has been one of its biggest international ventures for the global conglomerate.

[adanicase]

Adani Sri Lanka

The expansion of the amenities and the improvement of the passenger experience are the main focus areas of the Adani Sri Lanka project.

[adani-bangladesh]

Adani Group to Offer Wind Power at A Lower Tariff to Sri Lanka

This is a big step taken by the Adani Group towards ensuring that cheap electricity is provided to the different homes in Sri Lanka. It is also one of the biggest international projects being taken up by the Adani Group after the Adani Bangladesh project.

[adani-news]

As per Adani latest updates, the West Container Terminal project recently received 553 million USD from the US International Development Finance Corporation. This investment is a huge one and will help increase the shipping capacity of the port.

[jobaaj]

Adani’s stocks are rising! The Adani Group’s stocks have been gaining ever since India’s Supreme Court announced that the malicious report by Hindenburg Research, which accused the Adani Group of corporate fraud and stock price manipulation, could not be considered “credible”!! This gave investors a positive cue as the stocks began soaring. However, the stocks saw an extraordinary surge today as some of the Group’s stocks jumped over 6%. But why? Due to support alleged support by the US Government! Earlier in November 2023, the US Govt. had announced an investment of $533 million into a Sri Lanka port, which the Adani Group was constructing, to counter China’s influence. This is the US government's biggest and most prominent infrastructure investment in Asia! Today, a senior US official said they examined the allegations by the short seller, conducted their due diligence, and confirmed that the allegations were irrelevant to the project, giving investors another vote of confidence in the Group. Adani Ports and Adani Enterprises, the direct beneficiaries of the news, jumped over 8% within an hour of trading while Adani Green Energy gained the most, up over 13%! Follow Procapitas on LinkedIn for more financial insights.

[todaynowreport]

Energy: Adani Group's wind power project in Sri Lanka to be ready by December 2024: Energy minister

COLOMBO: The renewable energy project to generate 500 MW in Sri Lanka‘s north and eastern regions undertaken by India’s Adani Group will be completed by December next year, Energy Minister Kanchana Wijesekara has said.Sharing the progress of the project, Wijesekara on Monday wrote on Twitter, “Progress of the 500 MW Renewable Energy Project in Mannar & Pooneryn was discussed with Anil Sardana, MD��

[best2daynews]

Adani group gets provisional approvals for two renewable energy projects in SL

Adani Green Energy was issued provisional approvals for two wind power projects in northern province for an investment of over $ 500 million, Sri Lanka’s Energy Minister Kanchana Wijesekara has announced.

[taajx]

"Stop Adani": Lanka Protesters Say PM Modi, President Rajapaksa Made Deal

“Stop Adani”: Lanka Protesters Say PM Modi, President Rajapaksa Made Deal

A protest being held against the Adani groups in Colombo, Sri Lanka, on Thursday, June 16. Bengaluru: Citizens held a protest in Sri Lanka’s biggest city Colombo on Thursday against the alleged favouring of Indian industrialist Gautam Adani’s group in the award of an energy project in Mannar district. They alleged that the Adani group got the project as part of a “dubious” deal between Indian…

[adanisrilanka]

The Adani Group, a major player in renewable energy, has set its sights on Sri Lanka to expand its green energy footprint. With projects like the Mannar wind farm and a $442 million deal with the Sri Lankan government, Adani aims to boost the country's renewable energy capacity. These initiatives are crucial to addressing Sri Lanka's energy crisis and supporting its economic recovery. Despite challenges and environmental concerns, the Adani Group’s efforts could lead to energy security and industrial growth in Sri Lanka, positioning it for a brighter future.

[digitaltrand]

Sri Lanka electricity chief resigns after withdrawing remark on Adani Group deal

Sri Lanka electricity chief resigns after withdrawing remark on Adani Group deal

A top Sri Lankan official resigned on Monday, a day after contradicting his earlier claim before a parliamentary panel that Prime Minister Narendra Modi allegedly encouraged President Gotabaya Rajapaksa to grant a wind power project to the Adani Group in the island nation. PTI June 13, 2022 / 08:18 PM IST Representative image A top Sri Lankan official, who claimed before a parliamentary panel…

[adanicase]

Adani Sri Lanka

The expansion of the amenities and the improvement of the passenger experience are the main focus areas of the Adani Sri Lanka project.

[adani-bangladesh]

In addition to the current ambitions in Sri Lanka and Israel, Adani Bangladesh project is next in line along with others such as Vietnam, and Tanzania. As the firm expands in India, he said, the ports division would continue to provide 90% of Adani Ports and Special Economic Zone’s income.

[adani-news]

https://blognow.co.in/adani-groups-plans-for-the-renewable-sector-in-sri-lanka

Adani Group's Plans for The Renewable Sector in Sri Lanka

Of late, the Adani Group has plans to expand its renewable hold over other corners of the world as well. Adani latest updates reveal that it plans to invest 750 million USD in the Sri Lanka power sector. So, let us look at why the Adani Group is willing to invest in the power sector of Sri Lanka and how this project will benefit the people at large.

[thenetionalnews]

Adani project sparks controversy in Sri Lanka, again

Adani project sparks controversy in Sri Lanka, again

An Adani project in Sri Lanka is yet again at the center of controversy, after a top official of the Ceylon Electricity Board informed a Parliamentary panel that a renewable energy project in the island’s northern Mannar district was given to the Adani Group, after Prime Minister Narendra Modi ‘pressured’ President Gotabaya Rajapaksa. CEB Chairman MMC Ferdinando made the remark on Friday before…

[mishraabram]

10 Major Sea Ports in India

According to the Ministry of Shipping, 95% of India’s foreign trade is mainly via sea ports. These ports play a crucial role in the International North-South Trade Corridor (INSTC), which connects the Indian Ocean to trade with the Eurasian trade corridors and the Arctic. The coastal regions of Maharashtra, Kerala, Goa, Karnataka, Gujarat, Andhra Pradesh, Tamil Nadu, Odisha, and West Bengal are home to nine of the total thirteen major Indian sea ports. As India continues to stir up high volumes of global imports and exports, here are ten of India’s most substantial container and cargo shipping ports:

1. Nhava Sheva Port:

The Nhava Sheva port, also known as Jawaharlal Nehru Port Trust (JNPT), is one of the busiest container ports in India with annual traffic of 5.05 million TEU (Twenty-Foot Equivalent Unit). It features in World’s Top 30 sea ports and has seen a steady rise in traffic in the past five years. It is responsible for 56% of India’s container traffic and will see almost double the capacity once the construction of its fourth terminal is completed. Also known as the King Port across the Arabian Sea, it was built back in 1989 and is situated in Navi Mumbai. The main shipments exported from the port include machinery, chemicals, pharmaceutical products, textiles, carpets, plastics, and sports goods.

2. The second busiest port in India is The Port of Mundra, with annual traffic of 4.4 million TEU. It is ranked at the 32nd position in the World’s Top 50 sea ports. With fast-rising traffic, Mundra Port almost doubled its traffic of 2.7 million TEU in 2014. Furthermore, it is India’s largest commercial port by size and acts as a significant gateway to the hinterland of northern India. The Mundra Port is owned by the Adani Group and has four container terminals that boast a capacity of 7.5 million.

3. Chennai Port: The Port of Chennai is the third biggest port in India and has annual traffic of 1.5 million TEU. The port is one of the oldest in India, which started official port operations in 1881. Although the port was in danger of losing importance, its 2018 performance saw an increase of almost 3.5% on the previous year. It has the honour of being the location for India’s first dedicated container terminal, which opened in 1983. It is an artificial and all-weather port with wet docks. Its second container terminal opened in 2009 and is entirely run by PSA International.

4. Kolkata Port: The Port of Kolkata is the fourth busiest in India and has annual traffic of 796,000 TEU. Also dubbed as “Gateway of Eastern India,” the port manages cargo that arrives from Australia and Southeast Asia. It utilizes two dock systems — Haldia docks and Kolkata docks. It’s a natural river port and can comfortably accommodate ships up to 500 feet in length. The Kolkata Port was the first major port in India and a crucial trading post in colonial times. It is the busiest port for the trade of jute, and a major exporter of iron ore, copper, steel, leather, coal, and tea. Imports include heavy machinery, fertilizers, paper, chemical products, and crude oil.

5. V.O. Chidambaranar Port: The V.O. Chidambaranar Port Trust, also known as Tuticorin Port, has annual traffic of approximately 698,000 TEU. The all-weather port is also the fourth-largest container terminal facility in India by size. The Sethusmudram Shipping Canal project, which concerns the shallow waters between India and Sri Lanka, will make the area viable for mega-ships and increase the traffic substantially. Main imports and exports include cooking oil, salt, grain, petroleum, and coal.

6. Kandla Port: The Kandla Creek area located 90 kilometres away from the Gulf of Kutch is home to the Port of Kandla. It is one of the oldest ports in India and was constructed back in the 1950s following the India-Pakistan partition. It was the first export processing port in India. Based on the amount of cargo and value of the shipment moved through this port, it is the biggest container port in India. It’s also known as the most affluent and the busiest port, due to its high profitability for exporting grain and importing oil. The imports include petroleum, heavy machinery, salt, textiles, and chemicals.

7. Mumbai Port: The western coast city of Mumbai is home to India’s largest port by size and shipping traffic. The port is situated in a natural harbour with water reaching depths of 10–12 meters, allowing easy docking and passage for large cargo ships. The Mumbai Port is critical to the Indian economy and trade operations as it handles 20% of the foreign trade. It was the first container terminal in India, which handled over 2 million TEU per year. It has four jetties that control several imports and exports, including manganese, crude, and petroleum oil, textiles, tobacco, liquid chemicals, leather, and heavy machinery.

8. Vishakapatnam Port: Located in the East Coast of India, the Vishakapatnam Port, also known as Vizag Port, is the oldest shipyard in India. Inaugurated as a significant sea port in 1933, it manages 1.2 million metric tons of cargo every year in its 24 berths. It comprises of three harbours — outer, inner, and fishing harbour. In 2017, more than 500 thousand TEU of cargo was transshipped in this port. Some of the common goods that are imported and exported via this port include iron ore, alumina, oil, pellets, etc.

9. Cochin Port: The Port of Cochin is one of the major ports in South-West India, and it moves 11 million metric tonnes of imports every year. Established in 1928, the port of Kochin is located on two islands — Willingdon Island and Vallarpadam. In 2016 the port transshipped over 0.4 million TEU of cargo. It has an anchorage depth of nearly 14 meters, and a cargo depth of over nine meters makes it possible to host ships of over 500 feet in length. The inner bay is partitioned into two navigation channels — the Ernakulum Canal and the Mattancheri Canal. Imports and exports consist mainly of coffee, spices, tea, fertilizers, and mineral oils.

10. Port Blair Port: The Andaman and Nicobar islands are home to the Port Blair Port. It is one of the youngest ports in India and sits inside a natural harbour with a depth of twelve to thirteen meters. Due to its significant economic contributions, Port Blair was declared an official shipping and cargo port by the Indian government. Port Blair serves as a connection point between the Bay of Bengal and the Andaman Sea and can comfortably accommodate ships up to 500 meters in length.

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