India plans to invest in Sri Lanka across sectors through both private and public firms and interconnect the Lankan economy with the Indian economy to boost Lankan economy.
The sectors that India is focusing to invest include renewable energy, hydrocarbons, ports and infrastructure, information technology and hospitality. Notably, in the renewable energy space, NTPC Limited is looking at establishing a solar power plant in Sampur in eastern Sri Lanka near Trincomalee, under a joint collaboration with the Ceylon Electricity Board (CEB).