Day: December 4, 2021

China Says Power project in the North is not withdrawn! Chinese firm denies reports it withdrew from green power project for northern islands China’s SINOSOAR- Hybrid Technology had not withdrawn from the execution of northern power projects as reported by certain Sri Lankan and Indian media outlets, Project Manager, Paul Cao said yesterday. He said that SINOSOAR was the pre-winning bidder for the three islands mini-grid project in northern Sri Lanka. “In the last couple of days, we noticed some misrepresented reports in some local media, claiming that our company…

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Basil concludes successful visit to India India agrees to support Sri Lanka, guided by its ‘Neighbourhood First’ policy Four key pillars of short-medium term economic cooperation will be on food and health, energy, currency swap to address BoP, facilitation of Indian investment in different sectors Early modernisation of Trinco tank farm, credit facilities to import essential food items, medicine, fuel from India among other measures Modalities to realise these objectives would be finalised early within mutually-agreed timeline Rajapaksa expresses gratitude to India for support extended to SL in many spheres…

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