Adani Green Energy shares surge 3% amid report of Sri Lanka wind power project withdrawal

Adani Green Energy shares rose 3% to Rs 946 in Thursday’s intraday trade after the company announced its decision to withdraw from two proposed wind power projects in Sri Lanka. The move follows the Sri Lankan government’s request for lower tariffs, easing concerns over the projects’ viability. The wind power projects were estimated to cost $1 billion.

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