Billionaire Gautam Adani arrives; scheduled to meet President

Meanwhile, Indian media The Hindu reported “It is a private visit and Mr. Adani is expected to meet the President to discuss the West Container Terminal project.

The source requested anonymity while confirming the “high profile visit” that is said to include meetings with “top Sri Lankan dignitaries”.

Mr. Adani’s visit comes less than a month after the Adani Group, in a virtual ceremony, signed a Build-Operate-Transfer (BOT) agreement with its Sri Lankan partner in the project John Keells Holdings, and the Sri Lanka Ports Authority (SLPA), to jointly develop the West Container Terminal (WCT) at the Colombo Port.

According to sources in India familiar with the development, Mr. Adani “is interested in projects related to ports, power and renewable energy” in Sri Lanka. (T.K.G Kapila)