Colombo, March 25 -- India's Adani Group is not ready to compromise on the initially agreed tariff rate and other parameters of the 484 MW wind and transmission project in Mannar, despite its agreement to execute the project if Sri Lanka requests, Daily Mirror learns.

Adani Green Energy SL Ltd informed Sri Lanka's Energy Ministry its position in this regard after the Sri Lankan authorities including President Anura Kumara Dissanayake said that the price of US $0.0826/kWh (8.26 US cents) quoted and agreed upon earlier is too high.

Subsequently, the company withdrew from the proposed wind project earlier. However, Adani Group reaffirms that it would always be available to undertake any development opportunity if the Sri Lankan government ...