STOCKWATCH
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Port & Port services
Project Update11 Dec 2024, 04:25 am

ADANI PORTS' CWIT Project in Sri Lanka on Track for Early Next Year Commissioning, to be Financed Through Internal Accruals

AI Summary

ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. has updated on the Colombo West International Terminal (CWIT) project in Sri Lanka. The project is progressing well and is expected to be commissioned by early next year. The financing for the project will be arranged through the company's internal accruals and capital management plan, as the request for financing from the DFC has been withdrawn.

Key Highlights

  • ADANI PORTS' CWIT project in Sri Lanka is on track for commissioning by early 2023
  • The project will be financed through the company's internal accruals and capital management plan
  • The company has withdrawn its request for financing from the DFC
ADANIPORTS
Port & Port services
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD.

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