Adani to Double Colombo Terminal Capacity Ahead of Schedule

22 Sep 2025 CW Team

India’s Adani Group and its partners are set to double the capacity of the $840 million Colombo West International Terminal months ahead of schedule, despite relinquishing $553 million in U.S. funding, according to an executive at partner firm John Keells Holdings.

The deepwater terminal, situated alongside a facility operated by China Merchants Port Holdings, highlights Sri Lanka’s strategic role in the contest for influence in the Indian Ocean between New Delhi and Beijing.

The first phase of the fully automated terminal became operational in April 2025. The second and final phase is underway and expected to be completed by late 2026, three to four months ahead of the February 2027 deadline, said Zafir Hashim, head of transportation at John Keells. Upon completion, the terminal will have an annual handling capacity of 3.2 million containers, boosting the overall throughput of Colombo Port.

The majority of business through the terminal originates from India. In December 2025, Adani withdrew its funding request from the U.S. International Development Finance Corp, opting to finance the project via internal accruals and a capital management plan. This followed allegations by U.S. authorities involving Adani Group Chairman Gautam Adani, which the group has dismissed as baseless.

Adani Ports and Special Economic Zone holds a 51 per cent stake, John Keells owns 34 per cent, and the Sri Lanka Ports Authority retains the remainder.

Despite withdrawing from two proposed $1 billion wind power projects earlier in 2025 after tariff disputes with Sri Lanka’s government, the country remains open to further renewable energy investments from Adani. Energy Minister Kumara Jayakody confirmed that Adani later explored two smaller 100 MW wind projects, signalling renewed interest, though no bids were ultimately submitted.

“Adani is performing very well in the West Terminal project, and we are very happy,” said Arjuna Herath, Chair of Sri Lanka’s Board of Investment.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..