Shakthi De Silva
@shakthi721994
Lecturer International Relations. #Smallstates #SriLanka #Foreignpolicy. Impulsive, nonconformist. Likes & RTs ≠Endorsements
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https://lk.linkedin.com/in/shakthi-de-silva-a92973111 11-12-2014 03:13:34
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India - Sri Lanka joint statement after Anura Kumara Dissanayake and Narendra Modi summit in New Delhi: mea.gov.in/press-releases… No mention of stalled Gautam Adani projects, but call to speed up Indian-funded hybrid power projects in Delft, Nainativu, and Analaitivu islets off Jaffna.
Debt restructuring is quite complicated, long and risky process in which smaller players like Sri Lanka has limited say. This presentation from ST Mahinda Siriwardana shows how Sri Lanka was compelled to give up plain vanila bonds and agree to Macro Linked Bonds (MLBs)
. Gautam Adani 's firm confirms Sri Lanka revoked their controversial power purchase agreement with the Sri Lankan government. But, insists the project is not cancelled and fresh negotiations with the new government of Anura Kumara Dissanayake
ALERT: Adani Group pulls out of a 484MW wind power plant in Mannar after the Anura Kumara Dissanayake administration sought to renegotiate the US$ 0.0826 per kilowatt power-purchase deal. Only last month, Gautam Adani said they want to invest $1bn in renewables in Sri Lanka.
🚨 President Donald J. Trump announces a $100 BILLION new investment by TSMC in U.S. chips manufacturing!