Adani Ports Opts Out of US Funding for Sri Lankan Project

• Adani Ports announced it will self-fund the Colombo West International Terminal project in Sri Lanka, withdrawing its $553 million loan request from the US DFC.
• The project, nearing completion, will be financed through internal accruals and is expected to be operational by early next year.
• This move follows US scrutiny over bribery allegations against Adani executives, with no funds disbursed by the DFC.

Source: Dt Next, Times Now News, The Hindu, The Economic Times