ECONOMYNEXT – World Bank officials have discussed Sri Lanka’s proposed power interconnectivity with India.
“The World Bank made a presentation on the current structure of the regional electricity markets, interconnectivity and an analysis of the proposed Sri Lanka’s interconnectivity with India to the Ministry of Power and Energy this morning,” minister of power and energy Kanchana Wijesekera said on Friday.
“The Govt has taken the policy decision to establish an interconnectivity with India and the regional countries. We discussed with the World Bank team about the feasibility study of the proposed SL-India connectivity, structure proposed, technical requirements, business models that can be adopted.”
The World Bank has been assisting the state-run Ceylon Electricity Board (CEB) in understanding the technical requirements and business models for the project, Wijesekara said at the time following a meeting with World Bank Director of Regional Integration Cecile Fruman and Country Manager Chiyo Kanda.
Sri Lanka’s government has prioritised regional energy integration with grid connectivity between Sri Lanka and India to be implemented by 2030.
“India’s electricity system and Sri Lanka’s electricity system will be connected. This will be across Mannar,” Sri Lanka’s President Ranil Wickremesinghe said last month speaking at the National Milad-Un Nabi Celebration held at the Musali National School Stadium in Mannar.
“This area has a high potential for a green economy and green energy, particularly with the available solar power. From Puttalam to Mannar through the Jaffna Peninsula to Mullaitivu, there is a great opportunity for this, and we aim to make Pooneryn the centre of this development,” he said.
Linking the India and Sri Lanka power grids had been discussed since the 1970s. (Colombo/Nov18/2023)