India and Sri Lanka Sign Power Generation Agreement
POWER & RENEWABLE ENERGY

India and Sri Lanka Sign Power Generation Agreement

India and Sri Lanka have recently formalized a significant agreement to bolster power generation and energy cooperation between the two nations. This new pact is set to enhance energy security and support regional stability in the power sector.

The agreement focuses on collaborative efforts to increase electricity generation capacity and improve infrastructure, which includes potential joint projects and technology transfers. By working together, both countries aim to address energy needs more effectively and foster sustainable development.

This deal is expected to facilitate the sharing of expertise and resources, benefiting both nations in managing their energy demands. It underscores a commitment to strengthening bilateral ties through strategic energy partnerships and sustainable practices.

For India, the agreement aligns with its broader regional energy strategy, aiming to enhance energy access and stability in South Asia. For Sri Lanka, it represents a crucial step toward improving its energy infrastructure and ensuring a reliable power supply.

Overall, the agreement marks a significant milestone in Indo-Sri Lankan relations and highlights the growing importance of cross-border energy cooperation in the region.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

India and Sri Lanka have recently formalized a significant agreement to bolster power generation and energy cooperation between the two nations. This new pact is set to enhance energy security and support regional stability in the power sector. The agreement focuses on collaborative efforts to increase electricity generation capacity and improve infrastructure, which includes potential joint projects and technology transfers. By working together, both countries aim to address energy needs more effectively and foster sustainable development. This deal is expected to facilitate the sharing of expertise and resources, benefiting both nations in managing their energy demands. It underscores a commitment to strengthening bilateral ties through strategic energy partnerships and sustainable practices. For India, the agreement aligns with its broader regional energy strategy, aiming to enhance energy access and stability in South Asia. For Sri Lanka, it represents a crucial step toward improving its energy infrastructure and ensuring a reliable power supply. Overall, the agreement marks a significant milestone in Indo-Sri Lankan relations and highlights the growing importance of cross-border energy cooperation in the region.

Next Story
Infrastructure Urban

India, US to promote sustainable aviation fuel and hydrogen in buses

India and the United States have agreed to promote sustainable aviation fuel (SAF), electrification of medium and heavy-duty vehicles, and the use of hydrogen in buses, tractors, and heavy equipment. This decision came during the Strategic Clean Energy Partnership (SCEP) dialogue between US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri in Washington, DC. Both nations also encouraged increased investments in each other's clean energy markets. The joint statement emphasised the importance of a "just, orderly, and sustainable energy trans..

Next Story
Infrastructure Transport

Tuticorin Airport upgradation set for December completion

Tuticorin Airport in Tamil Nadu is undergoing a significant upgrade, with an expected completion date in December 2024. The project, valued at Rs 3.81billion, is being carried out by the Airports Authority of India (AAI) and involves the extension of the runway to accommodate A-321 type aircraft, construction of a new apron, a new terminal building, a technical block with a control tower, and a new fire station. The new terminal building, covering 17,500 square meters, will significantly enhance the airport's capacity, enabling it to serve 1,440 passengers during peak hours and handle up to 2 ..

Next Story
Infrastructure Transport

Airfare hike not tied to increased airport charges; ACI

The Airports Council International (ACI) stated that rising airfares are not linked to increased airport charges. Airport charges are crucial for infrastructure development within the commercial aviation ecosystem, but they remain a minimal part of the overall airfare. Stefano Baronci, Director General of ACI Asia Pacific & Middle East, emphasized that airports are infrastructure-intensive businesses, with costs dominated by maintaining essential infrastructure such as runways, taxiways, aprons, and terminal buildings. He noted that neglecting the capital expenditure needed to support future g..

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