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India ready to partner with SL on energy security

13 Feb 2020

India has expressed its willingness to partner with Sri Lanka in establishing  energy security. Acting High Commissioner of India Vinod K. Jacob expressed these views during the  third edition of Renewable Energy Growth Forum - Sri Lanka Chapter today. He underlined that in the evolving post millennium energy security architecture, India can be a partner for Sri Lanka in two respects, namely energy security and in the fight against climate change. He recalled that India has also offered US$ 100 million concessional financing for undertaking solar projects in Sri Lanka. He also spoke about the training programmes that are fully-funded by Government of India, which are available to young scholars, in various streams including in the field of renewable energy. He urged Sri Lankan experts and officials to make use of these opportunities. According to Jacob India is all set to cross the 100GW renewable energy capacity mark in 2020 and is on course to achieve the ambitious 175GW clean energy target by 2022. Jacob noted that India has recently completed the commissioning of the largest solar park in the world in Karnataka. Underlining commitment to green energy sources, US$3.1 billion has been allocated in the recent Budget by Government of India towards the power and renewable energy sector in 2020-21.


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