Comments by "红火树 RedFireTree" (@firetree2007) on "Sri Lanka's JVP to scrap Adani power project in Sri Lanka if voted to power | World News | WION" video.

  1. In 2005, Ambani's Reliance signed a contract with China's Dongfang Electric Corporation Limited to build a thermal power plant in India. After the contract was signed, Reliance requested a price reduction, but Dongfang refused. Subsequently, in 2009, Reliance signed a new contract with Shanghai Electric at a price 17% lower. Shanghai Electric completed the plant, but Reliance refused to make the payment. In 2019, Shanghai Electric took the case to arbitration in Singapore, but Reliance still refused to pay. India's local high court dismissed Shanghai Electric’s appeal, declaring it illegal. In July 2024, Mumbai police’s Economic Offences Wing (EOW) registered a case against Shanghai Electric for cheating and forgery. Shanghai Electric never received payment from India and is now being sued in India.
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  2. Sri Lankans, read the story I posted down, check the story by yourselves, to see if it is true, that is the risk of doing business in India, not only you lost money, but also you may be charged as criminals. very amazing system , good luck and pray to God or Buddha before doing anything.
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  3. Very good and very vice decision.
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