Government & Economy Local Business Spotlights Sri Lanka Latest News

Adani Group Withdraws from $440 Million Wind Power Project in Sri Lanka

Colombo, October 2025 —The Adani Group has formally withdrawn from its proposed US$440 million wind power project in Mannar and Pooneryn, citing regulatory uncertainties and environmental concerns. The exit, confirmed by the Ceylon Electricity Board (CEB), halts what would have been one of the largest renewable energy investments in Sri Lanka’s history. The Adani project, […]

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Government & Economy Sri Lanka Business News Sri Lanka Latest News

Port City Incentive Overhaul: A Policy Shift with Big Impacts

olombo, Sri Lanka — September 20, 2025 The government has issued new regulations overhauling the incentive framework for businesses in the Colombo Port City Special Economic Zone (SEZ). The changes, gazetted on 20 September 2025, mark a shift from generous long-term tax holidays to a more moderate and tiered system. Sri Lanka News What’s Changed […]

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