Adani Ports to get 51% equity stake in WCT at Colombo Port
With a 51 percent equity stake, India’s Adani Ports and Special Economic Zones Ltd. (APSEZ) is partnering with John Keells Holdings PLC (JKH) and with the Sri Lanka Ports Authority…
India Denies Approving Sri Lanka’s WCT Deal with Adani group
India on Friday denied Sri Lanka’s announcement that New Delhi had cleared the proposal of an Adani group company to develop the West Container Terminal (WCT) at Colombo port, according to…
Sri Lanka brings back offer of developing deep-sea port to India and Japan
Sri Lanka is once again offering a strategically located deep-sea port to India and Japan as the island seeks to balance traditional ties against China’s rising regional influence. The government…