Sri Lanka awards energy contract to Bharat after rejecting China
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Home News India

Sri Lanka awards energy contract to Bharat after rejecting China

by Janam Web Desk
Mar 2, 2024, 02:54 pm IST
in India

New Delhi: In a significant development, Sri Lanka has awarded the construction contract for three solar and wind hybrid power generation facilities to an Indian company, following the rejection of a tender previously won by a Chinese firm. The decision comes after the project, initially backed by an Asian Development Bank (ADB) loan, was put on hold two years ago due to concerns raised by Bharat over China’s involvement.

The Sri Lankan energy ministry announced on Friday that the project has been revived and is now fully funded by an $11 million grant from the Indian government. It further stated that the contract for building the facilities has been awarded to U-Solar, a renewable energy firm based in Bengaluru, Bharat.

According to a statement from the Indian embassy, Bharat’s assistance underscores the importance attached to bilateral energy partnerships. The three facilities, with a combined renewable energy capacity of 2,230 kilowatts, will be situated on islets near the northern city of Jaffna, in close proximity to Bharat’s southern coast.

Tags: Asian Development Bank (ADB)MAINChinaSri LankatenderJaffnaBharat
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