Colombo : Sri Lanka has urged more Indian investments in ports, infrastructure, energy, power and manufacturing sectors, days after New Delhi announced a USD 900 million loan to Colombo to build up its depleted foreign reserves and for food imports amid a shortage of almost all essential commodities in the island nation. Sri Lankan Finance […]
Exim Bank extends $100 Mn Line of Credit to Sri Lanka for Solar Energy Projects – EQ Mag Pro
New Delhi : The Export-Import Bank of India (Exim Bank) has entered into an agreement with Sri Lanka for making available a Line of Credit (LoC) of USD 100 million for the purpose of financing projects in the Solar Energy Sector. The Line of Credit, being supported by Govt of India, will be primarily used […]
Sri Lanka to cease building coal-fired plants, aims to be net-zero emitter by 2050 – EQ Mag Pro
Renewable energy sources such as wind and solar, and small and large hydro power plants together account for half of the island nation’s installed electricity capacity, with coal and oil-fired power accounting for the rest COLOMBO : Sri Lanka will cease building new coal-fired power plants and achieve net-zero carbon emissions by 2050, President Gotabaya […]
India Extends $100 Million Line of Credit For Solar Energy Projects in Sri Lanka
The agreement was exchanged on Wednesday. India seems to want its relationship with Sri Lanka to be sunlit forever. An agreement to extend $100 million line of credit for solar energy projects in Sri Lanka was exchanged on Wednesday. This is the first major step forward in the relationship between the two countries ever since […]
Anti-Dumping investigation concerning imports of “Copper & Copper Alloy Flat Rolled Products
Anti-Dumping investigation concerning imports of “Copper & Copper Alloy Flat Rolled Products” originating in and exported from China PR, Korea RP, Malaysia, Nepal, Sri Lanka, and Thailand. For more information please see below link.
Adani Group becomes third Indian conglomerate to cross $100 billion in m-cap
MUMBAI: Billionaire Gautam Adani’s ports-to-energy conglomerate has become India’s third group to cross $100 billion in market capitalisation with shares of four of its six listed companies soaring to an all-time high on Tuesday. The total market cap of Adani Group’s six listed companies at the close of trading on Tuesday was Rs 7.84 lakh […]
India to increase cooperation with Sri Lanka in infrastructure projects
India says it remains committed to assisting Sri Lanka with increased foreign investment and cooperation in infrastructure projects like ports, airports, energy including renewable such as solar and wind. India’s High Commissioner to Sri Lanka Gopal Baglay said that he is confident that working together, India and Sri Lanka will be able to successfully overcome […]
India to commission floating solar power plants in Sri Lanka
India is to commission floating solar power plants in Sri Lanka, the Indian High Commission in Colombo said today. Prime Minister Narendra Modi inaugurated the world’s largest and first of its kind renewable energy park comprising both wind and solar energy with a total capacity of 30 GW at Kutch in Gujarat on 15 December […]
Sri Lanka To Construct a 100 MW Solar Power Plant under Private Sector Investments
Cabinet Approves 100 MW Solar Power Plant under Private Sector Investments at Siyabalanduwa Cabinet approval has been granted to construct 100 MW Solar Power Plant under Private Sector Investments at Siyabalanduwa and a 10 MW Wind Power Plant for the Trincomalee Grid Substation to ensure steady and uninterrupted power supply to the country round […]
Tender For Consultancy Service to Prepare Pre-Feasibility Study on USD 100 Million Solar Power Project Under Indian Credit Line Facility
Invitation of BIDS for Consultancy Service to Prepare Pre-Feasibility Study on USD 100 Million Solar Power Project Under Indian Credit Line Facility Period of bid validity 119 days from the date of bid opening (06 April 2021) For more information please see below link:
