Sri Lanka President Mahinda Rajapaksa has proposed discussions on establishing a joint information mechanism on the possibility of oil and gasfields straddling the India-Sri Lanka maritime boundary.
In a joint declaration, Prime Minister Manmohan Singh assured Mr. Rajapaksa that this proposal would receive his government's attention and the matter could be discussed further between the two sides.
An agreement on conducting a feasibility study for the interconnection of the Indian and Sri Lankan electricity grids was also signed. The two leaders were confident that the agreement would make a significant contribution to enhancing bilateral cooperation in the energy sector.Both leaders agreed to revive the Joint Commission mechanism and hold its next meeting in the second half of 2010 in order to devise a fuller agenda of bilateral cooperation in various fields.
The two leaders were briefed on the progress in discussions between the National Thermal Power Corporation of India and the Ceylon Electricity Board of Sri Lanka on a joint venture to build a 500-MW coal-fired power plant at Sampur in Trincomalee, incorporating environmentally friendly technologies.Sri Lanka expressed its appreciation of India extending an additional concessionary line of credit of $200 million.
No comments:
Post a Comment