Sri Lanka Mulls Taking On More Debt From China, India to Pay for Energy

Sri Lanka Mulls Taking On More Debt From China, India to Pay for Energy
A man waves a Sri Lankan national flag as he stands on a barricade blocking the entrance to president's office during a protest in Colombo, Sri Lanka, on April 11, 2022. Eranga Jayawardena/AP Photo
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Sri Lanka is considering purchasing solar panels through a credit line from India and China to offset rising electricity tariffs, Power and Energy Minister Kanchana Wijesekara said on Tuesday.

The Sri Lankan government raised electricity tariffs by 75 percent in August, the first increase in nine years, triggering protest among local Buddhist clergy who were struggling to pay their electricity bills.

Aldgra Fredly
Aldgra Fredly
Author
Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
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