India already has power grid links with Bhutan, Nepal and Bangladesh, and plans to develop power transmission links with Myanmar and Sri Lanka. Sri Lanka has joined China’s controversial One Belt One Road (Obor) infrastructure initiative aimed at connecting around 60 countries across Asia, Africa and Europe. “Sri Lanka has decided to go ahead with the setting up of an LNG terminal near Colombo with Indian and Japanese companies. This is on the lines of the Saarc electricity grid which envisages meeting electricity demand in the region. Saarc groups India, Pakistan, Nepal, Bhutan, Bangladesh, Sri Lanka, Afghanistan and the Maldives.

Source: Mint September 08, 2017 06:00 UTC