12 June 2023 09:12 am Views - 126
By Kelum Bandara
India - Sri Lanka grid connectivity agreement is to be signed ahead of President Ranil Wickremesinghe’s visit to New Delhi, next month, Daily Mirror learns.
The president will undertake an official visit to India on July 20 for three days. This is his first visit to India after assuming office last year.
The proposed grid connectivity is a major step in bilateral relations. Earlier, Power and Energy Minister Kanchana Wijesekera said the national grids of the two countries would be connected by 2030. Daily Mirror learns that the agreement will be signed in this regard ahead of the president’s visit. India has already sought to invest in the energy sector.
India extended US $ 4 billion in assistance during the economic crisis in terms of currency swaps, deferment of payments and credit lines to purchase fuel and essentials.