India will supply liquefied natural gas (LNG) to Sri Lankan power plants, Prime Minister Narendra Modi announced on Monday. The announcement came during a joint press briefing with Sri Lankan President Anura Kumara Dissanayake, who is on a three-day visit to India from December 15-17.
This is President Dissanayake’s first visit to India since taking office in September. Talks focused on economic cooperation, defence collaboration, and energy connectivity, aiming to strengthen regional stability and development.
Under the LNG supply plan, India’s state-run Petronet LNG will supply LNG to Colombo-based LTL Holdings for five years through the Kochi terminal. Both countries also agreed to link their power grids and build a multi-product petroleum pipeline to boost energy security.
In addition to LNG, India and Sri Lanka will jointly develop offshore wind power in the Palk Straits. This move aligns with Adani Green Energy Ltd’s $442 million investment in two wind power stations in the region. The series of initiatives aims to deepen bilateral ties and support Sri Lanka’s energy and economic development.
