Adani, Sri Lanka and Colombo

No problem if Adani funds Colombo project with own resources: Sri Lanka
Ports minister Bimal Rathnayaka says Adani Group decision to reject funding from US was its own, Sri Lanka has no problem with it
Sri Lanka Approves Adani Colombo Port Project, Rejects Wind Farm
Sri Lanka's ports minister confirms support for Adani's Colombo Port project, funded by the company. However, the government opposes Adani's wind farm project in Mannar due to environmental concerns.
‘Sort of Strategic blow to US’: Director of South Asia Institute on Adani Group pulling out of US loan for Sri Lanka port
Reacting to the Adani Group Chairman Gautam Adani pulling out of US loan to finance the strategic Sri Lanka port, Director of South Asia Institute at Wilson Center, Michael Kugelman said, "The US Indo-Pacific policy is about countering China by providing better alternatives to the countries of the Indo-Pacific.
Adani Group's Rejection Of American Funding For Lanka Port Is US' Loss
Foreign policy watchers say the Adani Group's rejection of funding to build a deepwater port in Sri Lanka is a big blow to the United States' foreign policy.
Adani Group pulls out of US loan deal for port in Sri Lanka’s Colombo
Subsidiary Adani Ports and Special Economic Zone Ltd said in a Tuesday statement that it was pulling its request for a loan of $553 million from the United States International Development Finance Corporation (DFC) to build the deep-sea Colombo West International Terminal.
Gautam Adani indictment proving costly for the US? Adani Group says no to US loan to develop Sri Lanka port
Adani Ports opts out of DFC loan from the US, cutting American involvement in the development of the Colombo West International Terminal in Sri Lanka to counter Chinese influence
Adani Ports shares in focus after Adani group firm opts out of US funding for Sri Lanka project
Adani Ports said that Colombo West International Terminal (CWIT) project in Sri Lanka was progressing well and was on track for commissioning by early next year.
Work Ongoing on Adani-Backed Sri Lanka Port, Says Official
Work on a Sri Lankan port’s expansion led by the Adani Group is progressing as scheduled, a top local official said, even as the fate of $553 million in American funding for the project remains uncertain following the indictment of the Indian conglomerate’s executives in the US.
Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port
The withdrawal marks another low point in U.S.-India ties after the billionaire’s indictment on charges related to fraud, and a blow to Washington’s bid to counter China’s regional clout.
Adani drops US financing for strategic Sri Lanka port
Backing from the US International Development Finance Corporation for the project was announced in November 2023, months after Adani Group had been accused of “brazen” corporate fraud and stock price manipulation by short seller Hindenburg Research.
Adani Pulls Out Of US Loan Deal For Colombo Port
India's Adani Group has withdrawn its request for a US government-backed loan to construct a port in Sri Lanka seen as a counter to a rival Chinese project, according to company filings.
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‘Indian investors eye Sri Lanka’s economic resurgence for greater cross border synergy’
Amid Sri Lanka’s journey toward economic recovery, Indian investors and businesses are closely monitoring the emerging ...
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Sri Lanka Says Adani Port Project To Continue Despite US Charges
Indian conglomerate Adani Group's port project in Sri Lanka will go ahead despite US charges against its founder and sudden changes to its financing, the island nation said Friday. A bombshell ...