India and Sri Lanka have formalised an agreement to improve energy cooperation between the two countries. This agreement is intended to enhance energy security and support regional stability in the power sector.
The agreement covers collaborative efforts to increase electricity generation capacity and improve infrastructure, including potential joint projects and technology transfers. Both countries hope that this will improve their ability to address energy needs more effectively and foster sustainable development.
The agreement aligns with India’s regional energy strategy, aiming to improve energy access and stability in South Asia. It also represents a crucial step towards improving Sri Lanka’s energy infrastructure and ensuring a reliable power supply.