Sri Lanka's new govt reconsidering approval to Adani's power project

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Sri Lanka's new govt reconsidering approval to Adani's power project - Business Standard

Quick Summary:

Sri Lanka's new government led by Anura Kumara Dissanayake on Monday told the Supreme Court that it would reconsider the approval granted by the previous government to India's Adani Group for a wind power project.

A five-member Supreme Court (SC) bench was told on behalf of the attorney general that the decision to review the project had been taken at a Cabinet meeting held on October 7.

The final decision of the new government would be conveyed after the installation of the new Cabinet after the November 14 parliamentary election, the court was told.