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Crisis-hit Sri Lanka, India revive talks to link electric grids: Report

India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters

The latest amendments to the Electricity Act, 2003 seek to abolish power "distribution licence" and allow any company to supply electricity in an area

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India has extended assistance running into billions of dollars to its southern neighbour to fight the crisis

4 min read Last Updated : Apr 19 2022 | 11:31 PM IST

India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters on Tuesday, a step that could aid New Delhi's goal of reducing China's influence on the island nation, now grappling with a severe economic crisis.

There was no immediate prospect that power cuts brought by the crisis could be eased by the talks, which are a preliminary effort on a multi-year project both sides have explored before.

India has extended assistance running into billions of dollars to its southern neighbour to fight the crisis, brought on by a steep drop in foreign exchange reserves that

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : sri lanka India-Sri Lanka

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