WITH CHINA OUT, INDIAN FIRM TO BUILD SRI LANKA POWER PROJECT
Why in the news?
- India counters Chinese influence, offers grants for Sri Lanka’s renewable energy project, signaling strategic partnership and clean energy initiatives.
- Contract signed between Sri Lankan government and Bengaluru-based U-Solar Clean Energy Solutions.
- Project involves building Hybrid Renewable Energy Systems in three islands off Jaffna peninsula.
source:theeconomictimes
About India-Sri Lanka Energy Partnership:
- Targets energy needs of Delft, Nainativu, and Analaitivu islands.
- Funded by $11 million grant from the Government of India.
- Hybrid system integrates solar, wind, battery, and standby diesel power, with 530 kW wind and 1700 kW solar capacity.
About Hambantota Port:
● Strategic location in the Indian Ocean, connecting the Middle East and East Asia. ● Deep-water port in southern Sri Lanka. ● Leased to China Merchant Port Holdings in 2017, raising concerns over military use. |