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Home > All news > Port > Sri Lanka approves Adani Colombo Port Project

Sri Lanka approves Adani Colombo Port Project

December 14, 2024
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Adani Colombo Port Project

COLOMBO : The Sri Lankan Government wants to see the deep-water container terminal project at the Colombo port go ahead and has no issue with the Adani-led conglomerate using its own resources to fund it, Ports Minister Bimal Rathnayaka has said.

In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project “is on track for commissioning by early next year” and added that the company will fund the ongoing project through “internal accruals”, aligning . . .

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