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Thursday, December 2, 2021

Gautam Adani to meet President Gotabaya Rajapaksa in Colombo

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Gautam Adani, chairman of the Adani Group that was chosen to develop a major port terminal project in Sri Lanka, arrived at the Katunayake Bandaranaike International Airport last night along with nine others on two special planes .

Meanwhile, Indian media The Hindu reported that Gautam Adani is scheduled to meet President Gotabaya Rajapaksa in Colombo on Monday, according to official sources in Colombo and New Delhi.

“It is a private visit and Mr. Adani is expected to meet the President to discuss the West Container Terminal project,” a senior official told The Hindu on Sunday night.

The source requested anonymity while confirming the “high profile visit” that is said to include meetings with “top Sri Lankan dignitaries”.

Mr. Adani’s visit comes less than a month after the Adani Group, in a virtual ceremony, signed a Build-Operate-Transfer (BOT) agreement with its Sri Lankan partner in the project John Keells Holdings, and the Sri Lanka Ports Authority (SLPA), to jointly develop the West Container Terminal (WCT) at the Colombo Port.

According to sources in India familiar with the development, Mr. Adani “is interested in projects related to ports, power and renewable energy” in Sri Lanka.

“Mr. Adani will discuss possible projects in these sectors when he meets President Rajapaksa,” a source said.

Following Sri Lanka’s controversial decision early this year to scrap a 2019 trilateral agreement with India and Japan to jointly develop the East Container Terminal at the Colombo Port, the Rajapaksa government offered the WCT project as “a compromise”.

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