Sri Lanka signs 20-year power deal with India's Adani Green

Sri Lanka Signs 20-Year Power Purchase Deal with Adani Green

Sri Lanka has entered into a significant 20-year power purchase agreement with Adani Green, marking a milestone in the renewable energy sector. Under this deal, Sri Lanka will procure power from Adani Green, furthering its commitment to sustainable energy solutions.

The agreement underscores the growing importance of renewable energy in Sri Lanka's power generation mix and its efforts to reduce reliance on fossil fuels. Adani Green's expertise in renewable energy development positions it as a key partner in Sri Lanka's transition towards cleaner and greener electricity generation.

Ferry service to resume between Sri Lanka and Nagapattinam

After a hiatus of nearly four years, the ferry service between Sri Lanka and Nagapattinam in Tamil Nadu is set to resume. This development comes as a significant boost to trade and tourism between the two nations, fostering stronger ties and enhancing connectivity.

The decision to recommence the ferry service was announced following discussions between Indian and Sri Lankan officials. The service, which had been suspended since 2018 due to logistical and administrative issues, is expected to resume operations soon.

The resumption of the ferry service holds immense potential f..

Indian Envoy Emphasises India-Sri Lanka Ties

The Indian High Commissioner to Sri Lanka has underscored the special relationship between India and Sri Lanka's Eastern Province. This emphasis on bilateral ties reflects the importance of fostering cooperation and collaboration between the two neighbouring nations.

India and Sri Lanka share a deep historical, cultural, and economic bond, with the Eastern Province serving as a significant focal point for their relationship. The envoy's remarks highlight India's commitment to strengthening ties with Sri Lanka and promoting mutual prosperity and development in the region.

The Ea..

Vikram Solar Wins 397.7 MW Module Supply Contract for NTPC's Gujarat Solar Project

Vikram Solar has been awarded a significant contract to supply 397.7 megawatts (MW) of solar modules for an upcoming project by NTPC in Gujarat. This agreement underscores Vikram Solar's pivotal role in supporting India's renewable energy ambitions, particularly in expanding solar power generation capacity.

The project, spearheaded by NTPC, one of India's largest power generation companies, aims to enhance Gujarat's renewable energy infrastructure. It aligns with India's national goals of achieving substantial renewable energy penetration and reducing carbon emissions.

Vikram Sol..

TCC seeks bids from developers for a 22 MW renewable energy project

Travancore Cochin Chemicals (TCC) is seeking bids from developers for a 22 MW renewable energy project to be implemented under a group captive model. The deadline for bid submissions is June 19, 2024.

Interested bidders are required to pay a tender fee of Rs 1,000 and an earnest money deposit (EMD) of Rs 500,000. The successful bidder will need to furnish a security deposit equivalent to 10% of the annual energy bill value to ensure contract performance, with the EMD being adjusted against this deposit.

The contract duration will span 20 years from the delivery date. Power can be..