{"id":78037,"date":"2022-06-15T00:18:10","date_gmt":"2022-06-15T04:18:10","guid":{"rendered":"http:\/\/dbsjeyaraj.com\/dbsj\/?p=78037"},"modified":"2022-06-15T19:38:58","modified_gmt":"2022-06-15T23:38:58","slug":"champika-ranawaka-mp-asks-whether-solar-plants-at-mannar-and-pooneryn-agreement-with-indias-said-adani-green-energy-is-a-govt-to-govt-deal-adani-had-proposed-a-price-of-around-7-8-us-cen","status":"publish","type":"post","link":"https:\/\/dbsjeyaraj.com\/dbsj\/?p=78037","title":{"rendered":"Champika Ranawaka MP asks whether Solar Plants at Mannar and Pooneryn Agreement with India\u2019s Adani Green Energy is a Govt to Govt Deal? Adani had proposed a price of around 7.8 US cents per unit which was close to double the market rate says Former Power Minister"},"content":{"rendered":"


\nSri Lanka legislator Patali Champika Ranawaka, a former Minister of Power has made shocking revelations over a power deal with India\u2019s Adani group as a controversy brews over ending competitive tenders for private power producers.<\/strong><\/p>\n

Ranawaka said as far back as November 2021, the Chairman of Ceylon Electricity Board M C Ferdinando had written to the then Treasury Secretary asking for an agreement to be signed with Adani Green Energy after he was directed to \u2018facilitate\u2019 the project.<\/p>\n

Ranawaka said he questioned at the parliament\u2019s Committee on Public Enterprises whether there was anything in writing from India that Adani was representing the Indian government.<\/p>\n

The letter said Adani Green Energy has proposed a 500MW wind and solar power plant in Mannar and Pooneryn area.<\/p>\n

\u201cAs per this directive, I assumed that this is a proposal of an investor-backed by the Government of India on the basis of the bilateral discussion between two heads of state,\u201d the November letter said.<\/p>\n

<\/p>\n

\u201cTherefore on the above basis, it is logical to assume that this is an investment proposal on the basis of G-G and can be processed as an investment channelled through the BOI as required under Cabinet Appointed Management Committee on Investment Process.<\/p>\n

\u201cIs this a government-to-government deal?\u201d Ranawaka asked. \u201cIn the letter, the Chairman has said there was a direction from President and Prime Minister.<\/p>\n

\u201cPresident has denied this. So did the direction come from the Prime Minister?\u201d<\/p>\n

CEB Chairman Ferdinando also denied on June 12, that he was pressured by anyone over the Adani deal and retracted comments made to COPE.<\/p>\n

Several events have taken place since the November letter.
\nOn March 12, CEB, BOI, Finance Ministry and Sustainable Energy Authority signed an agreement giving the go-ahead for a feasibility study to be conducted.<\/p>\n

Ranawaka said Adani had proposed a price of around 7.8 US cents per unit which was close to double the market rate.<\/p>\n

Under Sri Lanka\u2019s Electricity Act, a government-to-government deal can be made with cabinet approval without competitive tender.<\/p>\n

Last Thursday the ruling party changed the Electricity Act to end competitive tenders for the renewable plants which were passed by the parliament amid vocal opposition.<\/p>\n

\u201cUnder the change, a feed-in (non-market pre-determined) tariff could be given without limit,\u201d Ranawaka said. \u201cSo the result if the deal cannot be done as a government-to-government deal, space has been created to do this project through another means.\u201d
\n
\nCourtesy:Economy Next<\/em><\/p>\n

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Sri Lanka legislator Patali Champika Ranawaka, a former Minister of Power has made shocking revelations over a power deal with India\u2019s Adani group as a controversy brews over ending competitive tenders for private power producers. Ranawaka said as far back as November 2021, the Chairman of Ceylon Electricity Board M C Ferdinando had written to …<\/p>\n

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