India ready to partner with Sri Lanka on post millennium energy security

Friday, 14 February 2020
India is ready to partner with Sri Lanka on post millennium energy security, an Indian official said today.
The Acting High Commissioner of India to Sri Lanka, Vinod K. Jacob noted that 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.
He 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$3.1 billion has been allocated in the recent Budget by Government of India towards the power and renewable energy sector in 2020-21.
Vinod K. Jacob was speaking about key milestones achieved by India in the renewable energy sector.
He was speaking at the third edition of Renewable Energy Growth Forum – Sri Lanka Chapter – which was held at the Taj Samudra today.
Acting High Commissioner Jacob expressed happiness at the fact that India and Sri Lanka are Founding Members of important initiatives such as International Solar Alliance, and the IRENA which focusses on renewables. He recalled that India has also offered US$ 100 million concessional financing for undertaking solar projects in Sri Lanka.