The state-owned Power Grid Corporation on Wednesday said the final decision to implement the proposed Rs 3,000 crore undersea power transmission link has to be taken by Sri Lanka.
The report on the 500 MW project, to be jointly implemented by the Power Grid Corporation of India Ltd and the Ceylon Electricity Board, has been already sent to the island nation. Since undersea cables are expensive, Sri Lanka has to finalise what to do next, the Power Grid Corporation of India Limited (PGCIL) CMD R N Nayak told reporters here.
The India-Lanka undersea cable project, to be implemented at an estimated cost of Rs 3,000 crore, was to be completed by 2013. The line is expected to expand to 1,000 MW later. The 285-km power link, including submarine cables over a stretch of 50 km, will enable the two nations to trade surplus power.
Published 08 April 2015, 20:50 IST