Key Points
New Delhi: India is keen to fast-track longstanding talks with Sri Lanka on setting up a power grid link between the two neighbours for electricity trading, especially renewable energy...
The aim is to eventually sign a memorandum of understanding between state-owned Power Grid Corporation of India and Sri Lanka's Ceylon Electricity Board, said people familiar with the matter..
"Discussion is still going on with the Sri Lankan government on the grid connectivity project," an Indian government official said..
Sri Lanka's power and energy minister Kanchana Wijesekera told ET in February that technical feasibility studies have been done and a joint consultant for investment decisions would be appointed for the grid connectivity project..
The statement also spoke about setting up a high-capacity power grid link to enable bidirectional electricity trade between Sri Lanka and other regional countries, including Bangladesh, Bhutan, Nepal..
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