India–Sri Lanka Joint Venture for Power Transmission Link

India–sri Lanka Joint Venture For Power Transmission Link

View March 2026 Crrent Affairs

Sri Lanka approved an India–Sri Lanka joint venture to develop a key power transmission link in the northern region.

The project will connect wind energy projects and improve electricity transmission infrastructure.

The contract was awarded to a joint venture involving:

India’s Jyoti Structures Limited

Sri Lanka’s Hayleys Fentons Limited

Objective & Significance

Enhance renewable energy capacity in Sri Lanka

Improve power evacuation and transmission systems

Support clean energy transition and reduce dependence on fossil fuels

Strengthen India–Sri Lanka energy cooperation

Boost regional connectivity and energy security

Project Importance

Focuses on northern Sri Lanka, a region with high wind energy potential

Helps integrate renewable energy into the national grid

Supports Sri Lanka’s target of increasing renewable energy share (around 70% by 2030)

Facilitates future cross-border electricity trade

Additional Facts:

India and Sri Lanka are also working on a power grid interconnection project via undersea cable linking India (Madurai/Chennai) to Sri Lanka (Anuradhapura/Mannar region).

This interconnection is part of broader South Asian regional energy integration efforts.

India is already connected with Bangladesh, Bhutan, and Nepal through cross-border electricity grids.

The initiative aligns with India’s strategy of promoting clean energy diplomacy in the Global South.

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