India, Sri Lanka to sign MOU next month for undersea power line
[TamilNet, Tuesday, 15 September 2009, 08:15 GMT]
The Governments of India and Sri Lanka are to sign a Memorandum of
Understanding (MOU) for the construction of an undersea power line
between South India and Thalaimannaar in Sri Lanka next month. The
construction work of the power line will start next year and the
estimated project cost is $ 500 million, according to Power and Energy Ministry Spokesman.
He said that the cost of the project will be shared by both countries, and
added that the power line would provide opportunity for both countries
to transmit power either ways as the necessity arises. Around 500MW to 1000MW electricity will be purchased from India under the first and second stage of the project and Sri Lanka is expected to sell its
electricity to India from 2018, he further said. About 5400 MW electricity is to be added to the national grid by 2018
then the national supply will be more than the requirements of the
country. The power projects underway such as Nuraichchoalai, Upper
Kotmale, Trincomalee and Kerawalapitiya will add 900MW, 150MW, 1000MW,
750 MW electricity respectively to the national grid. At present
electricity capacity in the country is 2400MW and the electricity
demand will be increased by 10% yearly, he said.
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