India’s Adani Group is making significant progress in its renewable energy project in Sri Lanka’s north and eastern regions. According to Energy Minister Kanchana Wijesekara, the project aims to generate 500 MW of power and is set to be completed by December of next year.

Minister Wijesekara took to Twitter to share updates on the project’s advancement. He stated that he recently met with Anil Sardana, the Managing Director and CEO of Adani Transmission Ltd, along with the project management team. During their meeting, they discussed the challenges, road map, and timeline for the project’s completion. Wijesekara expressed satisfaction with Adani Green Energy’s commitment to finishing the project by December 2024.

This meeting marked the first review since February, highlighting the ongoing monitoring and evaluation of the project’s progress.

In August of the previous year, the Adani Group received approval to initiate wind power projects in Pooneryn, located in Sri Lanka’s northeast region. Adani Green Energy was granted provisional approval for two wind projects, one in Mannar with a capacity of 286 MW and another in Pooneryn with a capacity of 234 MW. These projects require an investment of over USD 500 million. It’s worth noting that the Adani Group’s engagement in Sri Lanka’s energy sector goes beyond their investments in the Western container terminal of Colombo’s port.

Gautam Adani, the chief of the Adani Group, had a meeting with former President Gotabaya Rajapaksa in October 2021 to discuss further investment opportunities in Sri Lanka. This meeting took place after the Adani Group signed a deal to develop the western container terminal of the Colombo port during President Rajapaksa’s tenure.