India and Sri Lanka Sign Power Generation Agreement

21 Aug 2024 CW Team

India and Sri Lanka have recently formalized a significant agreement to bolster power generation and energy cooperation between the two nations. This new pact is set to enhance energy security and support regional stability in the power sector.

The agreement focuses on collaborative efforts to increase electricity generation capacity and improve infrastructure, which includes potential joint projects and technology transfers. By working together, both countries aim to address energy needs more effectively and foster sustainable development.

This deal is expected to facilitate the sharing of expertise and resources, benefiting both nations in managing their energy demands. It underscores a commitment to strengthening bilateral ties through strategic energy partnerships and sustainable practices.

For India, the agreement aligns with its broader regional energy strategy, aiming to enhance energy access and stability in South Asia. For Sri Lanka, it represents a crucial step toward improving its energy infrastructure and ensuring a reliable power supply.

Overall, the agreement marks a significant milestone in Indo-Sri Lankan relations and highlights the growing importance of cross-border energy cooperation in the region.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..