Negotiations are underway to sell surplus renewable energy to India: President of Lanka

(MENAFN-IANS) New Delhi, June 16 (IANS) Sri Lankan President Ranil Wickremesinghe said on Sunday that negotiations are currently underway to sell surplus renewable energy to India.

“A feasibility study is currently underway to establish a linear link between Sri Lanka and India and further discussions are expected during the upcoming visit of the Indian Minister of Foreign Affairs to Sri Lanka,” Lanka’s Presidential Media Division (PMD) said in a statement. .

President Wickremesinghe also mentioned that a preliminary feasibility study on a land link between Sri Lanka and India has been completed and a full feasibility study will be conducted soon.

The Lankan president was in New Delhi last week to attend the swearing-in ceremony of Prime Minister Narendra Modi.

During the visit, he also held talks with External Affairs Minister S. Jaishankar, who is scheduled to visit Colombo soon to supervise the progress of development projects initiated in the country with Indian investments.

“The talks also touched on India’s ‘Neighbourhood First’ policy. “Minister Jaishankar highlighted the Indian government’s plans to set up an industrial zone in Trincomalee that will attract numerous Indian investors and potentially investors from other countries,” PMD said in a statement on June 10.

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