No money given to Adani so far for Sri Lankan port project: US dev. agency
Tue, Nov 26, 2024 1:11 PM

No money given to Adani so far for Sri Lankan port project: US dev. agency

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The US International Development Finance Corporation (DFC), which last year committed a half-a-billion-dollar loan to the Adani group for developing a port in Sri Lanka, has not yet disbursed any money to the Indian conglomerate. “The project has not reached financial close or signed a loan agreement,” a DFC official said in response to Mint’s queries.

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