India resumes electricity grid linking talks with crisis hit Sri Lanka
POWER & RENEWABLE ENERGY

India resumes electricity grid linking talks with crisis hit Sri Lanka

According to officials, India and Sri Lanka have resumed talks on linking their electricity grids.

India has extended financial support to Sri Lanka to fight the crisis, brought by a steep decline in foreign exchange reserves that stalled imports of essentials like fuel, disrupting the power supply.

A currency devaluation and shortages have prompted the nation of 22 million to begin talks with the International Monetary Fund (IMF) for a loan programme, even backed by India.

The country aims to link the neighbours with a miles-long transmission line running under the Indian Ocean.

The grid connection power project came up in talks with the Indian Ministry of Power when Basil Rajapaksa, then Sri Lanka's Minister of Finance, visited New Delhi to seek assistance.

It would enable Sri Lanka to obtain electricity during operational maintenance and droughts and export excess generation to India.

About two-thirds of Sri Lanka's electricity is generated by oil and coal-fired plants, and the rest by the hydro project.

The grid connectivity power project could become part of New Delhi's requests from Sri Lanka, which has also secured Chinese infrastructure deals in recent times.

To date, India has provided about $1.9 billion through credit lines and swaps and committed up to $2 billion more to help Sri Lanka tackle its worst financial crisis since independence from Britain in 1948.

The project to link the two grids has been in the works for years, with the neighbouring country signing a pact in 2010 on feasibility studies for an undersea power cable.

Power Grid Corporation of India envisaged the deployment of either a 500 MW or a 1,000 MW undersea transmission system.

The shortest distance between India and Sri Lanka is the Palk Strait, which is about 40 km wide, and the length of an undersea cable would depend on its alignment.

The subsea electrical cables, having long spans, include the NordLink, between Germany and Norway, which is 623 km long.

Image Source

According to officials, India and Sri Lanka have resumed talks on linking their electricity grids. India has extended financial support to Sri Lanka to fight the crisis, brought by a steep decline in foreign exchange reserves that stalled imports of essentials like fuel, disrupting the power supply. A currency devaluation and shortages have prompted the nation of 22 million to begin talks with the International Monetary Fund (IMF) for a loan programme, even backed by India. The country aims to link the neighbours with a miles-long transmission line running under the Indian Ocean. The grid connection power project came up in talks with the Indian Ministry of Power when Basil Rajapaksa, then Sri Lanka's Minister of Finance, visited New Delhi to seek assistance. It would enable Sri Lanka to obtain electricity during operational maintenance and droughts and export excess generation to India. About two-thirds of Sri Lanka's electricity is generated by oil and coal-fired plants, and the rest by the hydro project. The grid connectivity power project could become part of New Delhi's requests from Sri Lanka, which has also secured Chinese infrastructure deals in recent times. To date, India has provided about $1.9 billion through credit lines and swaps and committed up to $2 billion more to help Sri Lanka tackle its worst financial crisis since independence from Britain in 1948. The project to link the two grids has been in the works for years, with the neighbouring country signing a pact in 2010 on feasibility studies for an undersea power cable. Power Grid Corporation of India envisaged the deployment of either a 500 MW or a 1,000 MW undersea transmission system. The shortest distance between India and Sri Lanka is the Palk Strait, which is about 40 km wide, and the length of an undersea cable would depend on its alignment. The subsea electrical cables, having long spans, include the NordLink, between Germany and Norway, which is 623 km long. Image Source

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000