• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Why Did India’s Defense Minister Cancel His Trip to Sri Lanka?
Finance

Why Did India’s Defense Minister Cancel His Trip to Sri Lanka?

September 11, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Why Did India’s Defense Minister Cancel His Trip to Sri Lanka?
Share
Facebook Twitter LinkedIn Pinterest Email

Members of opposition Congress party, demanding an investigation into allegations of fraud and stock manipulation by India’s Adani Group hold placards with images of Indian businessman Gautam Adani during a protest in New Delhi, India, Monday, Feb.6, 2023.

Credit: AP Photo/Manish Swarup

Advertisement

Last week, Sri Lanka’s Minister for Power and Energy Kanchana Wijesekera presented a cabinet paper seeking permission to convert a $442-million wind power project agreement in northern Sri Lanka with the Adani Group into a government-to-government (G2G) arrangement. Under the agreement, Adani Green Energy is to build a facility in Mannar that is slated to generate 250 megawatts (MW) of electricity and another at Pooneryn to produce 100 MW. The agreement for both projects was originally inked in March 2022.

The plan to convert the agreement to a G2G arrangement was done to circumvent the legal challenges associated with awarding the project to a private company without following an open tendering process as dictated by laws governing power generation in Sri Lanka.

It must be noted, however, that the Sri Lankan government has always insisted that it considers dealings with the Adani Group as agreements with the Indian government.

For example, when he was in New Delhi for the G-20 foreign ministers’ summit a few months ago and shortly after the Hindenburg Report, which alleged that the Adani Group was engaged in “brazen stock manipulation,” was made public,  Sri Lanka’s Foreign Minister Ali Sabry told The Hindu that the government is not worried about the implementation of large-scale projects being handled in Sri Lanka by Adani companies because it is a “government-to-government kind of project.”

See also  New EU Regulation Could Hurt Small Palm Oil Producers: Watchdog

In mid-2022, the former head of the Ceylon Electricity Board (CEB), a state-owned electricity producer and distributor, told a parliamentary committee that India’s Prime Minister Narendra Modi pressurized then-President Gotabaya Rajapaksa to grant the Adani Group access to renewable power projects in Sri Lanka.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

Many Sri Lankans believe that Gautam Adani, chairman of the Adani Group, is an extension of the Modi administration and view his projects as representing India’s geopolitical ambitions on the island. However, the official stance of the Indian government is that there is no special relationship between the Modi administration and the Adani Group.

Repeated claims to the contrary by the Sri Lankan government have caused the Modi administration many inconveniences. It has triggered opposition criticism of Prime Minister Modi’s proximity to Adani and the latter functioning as an extension of the government.

The power ministry’s presentation of a cabinet paper seeking to officially convert the power agreement with the Adani Group to a G2G arrangement appears to have ruffled feathers in New Delhi.

Advertisement

India’s Defense Minister Rajnath Singh, who was scheduled to visit Sri Lanka on September 11, canceled his visit last week. While New Delhi did not provide reasons for the eleventh-hour change of plans, the decision could be related to the Adani saga.

According to Indika Perera, an attorney-at-law and expert in conflict resolution, a section of the Sri Lankan bureaucracy is of the view that India canceled Singh’s visit due to apprehensions related to Sri Lankan attempts to make dealings with Adani officially G2G.

See also  Sri Lanka’s Adani Controversy: Navigating Geopolitics, Transparency, and Sovereignty

“We have said that it is a G2G arrangement verbally many times and this caused some embarrassment to India but with a cabinet paper, we have made it official,” Perera told The Diplomat.

Apparently, “the Indian government was displeased when the Sri Lankan Minister for Power tried to convert the agreement with Adani Green Energy Limited for the execution of renewable energy projects in the island’s Northern Province to a government-to-governmental deal,” Perera said.

However, another group of officials believes that the Indian defense minister canceled his visit because Sri Lanka has permitted the Chinese marine research vessel Shi Yan 6 to dock at Colombo and Hambantota ports in October. The docking of the Chinese vessel Yuan Wang 5 at Hambantota port last year, despite New Delhi’s objections, had strained India-Sri Lanka relations.

“If we are not following an open tender process on power generation, we can only do that with a government,” Charitha Herath, a parliamentarian from the Freedom People’s Congress (FPC) told The Diplomat.

In the cabinet paper, Wijesekera has urged the government to let the Adani Group develop the 400-kilowatt backbone transmission line from Kilinochchi to Pooneryn, Herath said, pointing out that “this is also a deviation from the Electricity Act.” The minister has justified the proposal to build the power line by saying the project will cost $ 135 million and that the government cannot provide the required funding for the project, he said.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

Herath said that around 2016, Sri Lanka decided to build two LNG power plants to meet the country’s growing power needs. In 2021, the CEB called for bids to secure the supply of LNG for the power plants that are to be built. Initially, the United States-based New Fortress Energy was to supply the LNG, however following continuous resistance by unions and the ouster of Rajapaksa, the government decided to cancel the agreement.

See also  Canada's Rebel News Wins Lawsuit Against Minister who Blocked Ezra Levant

In the above-mentioned cabinet proposal, the Minister for Power has asked the cabinet to cancel the tender and to authorize him to procure LNG needed for the power plants.

The LNG must be procured from another government, Herath said.

Advertisement

“The next cabinet paper will surely name India as the government that we will get LNG from. Recent discussions on Sri Lanka’s future energy production revolve around Adani,” he added.

cancel Defense Indias Lanka Minister Sri Trip
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025

How China’s Companies Are Responding to the US Trade War

April 16, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Epic’s Revamped Digital Health App Marketplace

October 9, 2023

Aeglea BioTherapeutics Stock Surges Over 400% Today

June 22, 2023

Dow, S&P 500 step higher as markets wait for Fed decision on interest rates: Stock market news today

September 20, 2023

Facebook Layoffs Leave Business Customers Without Support

April 11, 2023
Don't Miss

Short and Funny Sayings for a Happy Summer with Friends

Lifestyle May 9, 2025

I love the beach. Just looking at the calming sea to relax. Having fun in…

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,627)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Disney in talks with Adani, Sun TV to sell India assets, Bloomberg reports

October 6, 2023

Damian Priest and 3 others who could win the World Championship this year

July 4, 2023

Meta Shareholders Reject Proposal To Publish US Government’s Censorship Requests

June 1, 2023
Popular Posts

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.