July 24, Colombo: Sri Lankan Cabinet today approved a proposal submitted by the Minister of Power and Energy W.D.J. Seneviratne for a project to establish a bilateral power exchange between Sri Lanka and India.

The project plans to construct an India-Sri Lanka electricity transmission interconnection por power exchange via Dhanushkody Palk Strait, and Thalaimannar. It will connect the Ceylon electricity Board Power system of Sri Lanka and Southern Region Grid of India.

The project is expected to bring maximum economic benefits to both countries through the exchange of 1000 Mw of power when it is completed.