India-Lanka power link proposed
India may soon become a major energy supplier to neighbouring Sri
Lanka. Power Trading Corporation (PTC) is considering laying submarine
cable linking the two countries for supplying seasonal power surpluses
to the neighbour.
If the project goes through, power woes of the island nation could be
mitigated in the shortest possible time.
As per the plan, PTC may forge alliance with a Sri Lankan
transmission company for laying the submarine cable between Madurai and
northern most tip of the neighbouring country.
From this point Sri Lankan landmass is just 27 miles away. It is
expected that the project could be completed in just a few months. Once
commissioned, this line could transmit seasonal surpluses existing in
the country which at times could not find domestic buyers.
“This is a practical network that could provide win-win situation to
both the countries. It could also provide more economical link for
supplying seasonal surpluses that fails to command a premium in the
domestic market,” an official source said.
When contacted, PTC chairman and managing director Tantra Narayan
Thakur said that Indo-Lankan submarine cable link was a practical
solution that could benefit both the countries. He, however, said PTC
had not firmed up any specific proposal in this regard.
Sources said PTC was expecting some communication from the Sri Lankan
side to take up the matter further. Apart from feeding Sri Lankan grid
with power surpluses existing in India, the submarine cable link could
also be used for transmitting any power surplus existing in Sri Lanka in
future to power deficit India.
Already, power generation PSU NTPC is planning to set up 500 MW power
plant in collaboration with Sri Lanka Electricity Board near Trincomalee.
While this would largely supply power to the island nation, future
surpluses could be routed through the link back to India.