India agrees to promote and strengthen renewable energy cooperation

Date:

By: Isuru Parakrama

Colombo (LNW): The Government of India has agreed to promoted and strengthen renewable energy sector cooperation between Sri Lanka and India, in response to recent developments in the sector proposed by the Ranil – Rajapaksa government.

Accordingly, the Cabinet has granted approval enter into a Memorandum of Understanding (MoU) between the two nations for renewable energy cooperation. Thereby, public and private entities of the two neighbours will commit for the development of the renewable energy sector.

Accordingly, projects on solar power, wind power, and bio fuel will be implemented, as approved by the Cabinet.

Share post:

spot_imgspot_img

Popular

More like this
Related

AliExpress Suspends Budget Shipping to Sri Lanka Amid Customs Duty Reform

AliExpress, the global e-commerce platform owned by China’s Alibaba...

Sri Lanka Reschedules €30M Debt with Hungary amid Financial Stability Efforts

As Sri Lanka continues to grapple with its worst...

Japan Backs Sri Lanka’s Anti-Corruption Drive with $2.5M UNDP Project

In a significant boost to Sri Lanka’s efforts to...

Govt Unveils 5-Year Plan to Triple Digital Exports and Transform Economy

Sri Lanka has unveiled an ambitious five-year roadmap to...