Sunday Times (Sri Lanka)

India says credit lines to overcome crisis not an endorsemen­t of the current regime

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ALocal Divisional Secretarie­s and officials accompanie­d the Indian delegation during the field inspection of lands that are going to be utilised for the projects.

s India extended its credit lines to assist Sri Lanka during the ongoing economic crisis, it has also actively pursuing developmen­t projects to secure geopolitic­al and bilateral interests in its backyard.

In recent weeks, the neighbouri­ng country has also been careful to assert that the extension of it credit lines should not be perceived by the people as supporting the Sri Lankan government which is under tremendous pressure to vacate office.

This week, Raakesh Natraj, the

Indian Consul General based in Jaffna Consul visited three islets off the Northern peninsula - Delft, Nainathivu and Analaithiv­u - where India agreed to setup renewable energy projects after it vehemently opposed the move of allowing a Chinese company to gain a foothold in the North on the basis of 'security concerns.'

After the Sunday Times exclusivel­y reported Indian concerns on the projects in February last year, a fresh

Cabinet paper was submitted to setup power plants under the Indian grant facility. The three islets are located in close proximity to the Indian coast.

Earlier, the US$ 12 million projects were awarded to MS/Sinosar-Etechwin Joint Venture in China.

Local Divisional Secretarie­s and officials accompanie­d the Indian delegation during the field inspection of lands that are going to be utilised for the projects.

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