India Makes First Payment to Sri Lanka for Power Projects.
International
India has made its first payment to Sri Lanka as part of a significant bilateral agreement to develop power projects on the island nation. This collaboration marks a major step in strengthening the energy partnership between the two countries. The power projects aim to enhance Sri Lanka's energy infrastructure and ensure a stable supply of electricity. The payment signifies India's commitment to supporting Sri Lanka's development goals and fostering regional cooperation. Both nations view this initiative as a crucial component of their broader economic and diplomatic ties, contributing to long-term regional stability and prosperity.
The power projects will focus on renewable energy sources to promote sustainable development in Sri Lanka.
India and Sri Lanka aim to enhance economic ties through collaborative infrastructure projects.
Prime minister: Dinesh Gunawardena
President: Ranil Wickremesinghe
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