Business Standard: NTPC’s 500 MW coal based power project at Sampur, Trincomalee and PowerGrid Corporation’s over and under-sea transmission line project connecting India and Sri Lanka are expected to get a much needed push during meeting between Prime Minister Narendra Modi and Sri Lankan President Maithripala Sirisena.
The power project, which NTPC had proposed in June 2005, entails an investment of Rs 2,000 crore has yet to get various clearances from the Sri Lankan government agencies. Similarly, the transmission project proposed in 2007-08 to transfer 1,000 MW of power from India to Sri Lanka needs an investment of Rs 3,000 crore. However, both the governments and PowerGrid Corporation and Ceylon Electricity Board (CEB) have yet to settle various technical and non technical issues before reaching at a formal agreement in this regard.