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International

Sri Lanka cabinet firms up ways to use up Indian loan for solar energy

Project-Your-State-sri-lanka-cabinet-firms-up-ways-to-use-up-indian-loan-for-solar-energy

Published 20 Mar, 2024

By Staff Reporter


The Sri Lankan Cabinet has decided to grant a USD 17 million contract to a company using an Indian grant to set up roof-mounted solar panels for places of religious worship, the government said on Tuesday.

This would be funded from the USD 100 million loan provided by the State Bank of India, according to a Cabinet note.

The company under focus had been selected from six bids received by different parties for the implementation of the project.



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