COLOMBO: Sri Lanka's Board of Investment on Wednesday approved two wind power plants by India's Adani Green Energy Ltd with a total investment of US$442 million, a statement issued by the board said.
Adani Green Energy is the renewable energy unit of the embattled Adani Group, whose seven listed companies have lost some US$125 billion in market value after a US short seller last month alleged improper use of tax havens and stock manipulation by the apples-to-airports conglomerate.
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