India has signed an agreement to set up hybrid power projects on northern Sri Lankan islands in a deal seen as a strategic victory in its competition with China for influence in the Indian Ocean.India’s External Affairs Minister Subrahmanyam Jaishankar, who is in Colombo for bilateral meetings, witnessed the signing, along with his Sri Lankan counterpart Gamini Peiris, the Indian embassy said on Tuesday.In December, China announced its own project to build power plants on three Sri Lankan…
Source: India to build power plants in Sri Lanka after fending off China
