The LoC will cover financing for rooftop solar systems meant for 20,000 households and 1,000 government buildings all across the island
India has offered a Line of Credit worth $100 million to Sri Lanka for three solar projects in the country, according to an official statement from Colombo.
India’s High Commissioner to Sri Lanka Gopal Baglay called on Minister of Power Dullas Alahapperuma and reiterated India’s commitment towards a strong and multi-faceted bilateral partnership including in the power sector, the Indian mission said in a statement.
They discussed various issues of mutual interest including ways to expedite progress on bilateral power projects currently under discussion between the two sides.
The Indian envoy also handed over a copy of a letter conveying an offer from India to Sri Lanka for a Line of Credit (LoC) worth $100 million for three solar projects…