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Adani eschews US loans for Colombo port project
Pic: Sri Lanka Port Authority Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) Limited has withdrawn from a $553m loan pact with the US International Development Finance Corporation (DFC) to develop a port terminal in Sri Lanka’s capital Colombo.
Dr.G.R.Balakrishnan Dec 12 2024 International Ports News

Adani eschews US loans for Colombo port project

APSEZ said it will finance the project through its internal accruals and capital management plan.

Last month Adani, alongside seven other executives, was indicted in the US for alleged crimes related to bribes promised to Indian government officials to secure solar energy supply contracts.