July 5, 2023
2 mins read

India’s solar aid to illuminate Sri Lanka’s black-out areas

Late last year, the government announced the project when electricity tariff hikes triggered protests spread in many places of religions across the country…reports Asian Lite News

Sri Lanka’s Energy Minister Kanchana Wijesekera has announced that government institutions and religious sites in the country will be powered by solar energy with the support of Indian loan assistance.

Wijesekera said that each religious place would be provided with a five-kilowatt solar panel, while government institutions would receive solar panels suitable for their roof sizes and the project is scheduled to commence within the next two months.

The announcement on the India-assisted renewable energy project came following the Power and Energy Ministry’s earlier decision to use an extended loan of $100 million Indian credit line to fix rooftop solar panels in government institutions and religious places.

Late last year, the government announced the project when electricity tariff hikes triggered protests spread in many places of religions across the country.

Following the government’s decision to raise the electricity tariff to a record high to solve heavy losses suffered by the state-run Ceylon Electricity Board (CEB), some Buddhist monks threatened not to honour payment for electricity usage and declare blackouts at temples.

In addition to the religious institutes, the credit line extended by the Indian government was to install rooftop solar at schools, universities, education institutes, hospitals, district and divisional secretariats and other government buildings.

Meanwhile, Sri Lanka’s power demand is to be eased with the construction of a 500 MW renewable energy power plant by India’s Adani Group. Minister Wijesekera said that the necessary permissions have been granted and the energy generated is projected to be integrated into the national grid by December of next year.

Last August, Sri Lanka issued provisional approval to Adani Green Energy to build two wind power projects – 286 MW in Mannar and 234 MW in Pooneryn for an investment of over $500 million.

“Progress of the 500 MW Renewable Energy Project in Mannar and Pooneryn was discussed with Anil Sardana, MD & CEO of Adani Transmission Ltd & project management team” Minister Wijesekera had said in a statement. 

ALSO READ-Lanka’s domestic debt optimisation plan gets nod

Previous Story

India seeks set norms for BRICS expansion

Next Story

Netherlands stay in hunt for World Cup berth

Previous Story

India seeks set norms for BRICS expansion

Next Story

Netherlands stay in hunt for World Cup berth

Latest from -Top News

Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

Hasina return speculation grows as Dhaka stays silent

A fresh passport application by former Bangladesh Prime Minister Sheikh Hasina has triggered renewed political and diplomatic debate over her possible return…reports Asian Lite News Desk Bangladesh’s newly appointed Foreign Secretary Salahuddin

Ukraine Talks Head to UAE

Russia, Ukraine and the US are preparing for fresh trilateral talks in Abu Dhabi on November 10 and 11, as diplomatic efforts to end the war gather pace….reports Asian Lite News Desk

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News
Go toTop

Don't Miss

Navy Chief unveils vision to deter China in IOR

Indian Navy Chief Admiral R Hari Kumar said that the

TECOM Group raises AED 1.7 bn through IPO

It also points to various market participants’ deep confidence in