Sri Lanka, May 8 -- The Cabinet has granted consent to develop two 484 megawatt wind power stations in Mannar and Pooneryn, the Government Information Department said yesterday. Approval of the Cabinet of Ministers was granted in March 2022 to enter into a Memorandum of Understanding with Adani Green Energy Limited of India to develop wind power stations in Mannar and Poonereyn.

Accordingly, a negotiation committee had been appointed by the Cabinet of Ministers to evaluate the project proposal furnished by the said company.

Based on the recommendations of that Committee, the Cabinet of Ministers granted approval to the resolution forwarded by the Power and Energy Minister to accept the last price as 8.26 cents per KW for the electricity...