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COLOMBO PORT DEAL
Mazagon Dock marks first foreign acquisition with $53 million Colombo Dockyard dealMazagon Dock Shipbuilders Limited (MDL) will acquire a controlling stake in Colombo Dockyard PLC (CDPLC). The deal is valued at up to $52.9...
Sri Lanka to sign new container port deal with ChinaIt did not say how much the deal was worth, but official sources had earlier estimated another $500 million to develop the partially built ...
Adani group exploring investment in Sri Lanka's renewable energy sector: OfficialThe comments came a day after Adani Group chairman Gautam Adani called on Sri Lankan President Gotabaya Rajapaksa here, weeks after his com...
Adani Group chairman Gautam Adani calls on Sri Lankan PresidentAhmedabad-headquartered Indian multinational conglomerate Adani Group last month entered into an agreement with the Lanka government owned ...
Port deal before foreign secretary Harsh Shringla's Sri Lanka visit key to balance ChinaSLPA had this week signed an agreement with India's Adani Group to build a new terminal next to a Chinese-run jetty at the Colombo port. "T...
India's Adani Group seals deal to develop Western Container Terminal at Colombo PortThe Colombo Port is one of the most preferred regional hubs for transhipment of Indian containers and mainline ship operators with 45 per c...
Lanka's claim of Indian mission approval for WCT project proposal 'factually incorrect': MEAThe Cabinet memorandum said that the proposal presented by Adani Ports and special economic zone limited (APSEZ Consortium) has been approv...
Sri Lanka approves proposal to develop Colombo WCT with India and JapanThe WCT proposal came after Sri Lanka decided to retract on the previous memorandum of understanding signed in 2019 with India and Japan on...
Sri Lanka to re-acquire 99 oil tanks leased to Indian Oil Corporation: MinisterGammanpila told a gathering at the Colombo north suburb of Kolonnawa that talks with the Indian High Commissioner in Colombo on this issue ...
India tells Lanka to honour Colombo port deal, takes up killing of Tamil fishermen“We have taken it (deaths of four fishermen from Tamil Nadu in the island nation) up in strongest terms with the Sri Lankan government and ...
India tells Sri Lanka to honour pact after Colombo takes back port contractThe decision comes less than a month after a visit by Indian Foreign Minister S. Jaishankar to Colombo to shore up support for the 2019 dea...
EAM Jaishankar’s Sri Lanka visit likely to give impetus to ECT projectJaishankar’s visit and his meetings may also add momentum to negotiations for another $1-billion currency swap arrangement. New Delhi and C...
External Affairs Minister S Jaishankar to arrive in Sri Lanka on three-day visit on TuesdayJaishankar becomes the first foreign dignitary to visit the island in 2021 and his visit will be the first since President Gotabaya Rajapak...
Sri Lanka signs port deal with India, JapanThe three countries will jointly build the East Container Terminal at the Port of Colombo.
India, Japan, Sri Lanka move to counter ChinaThree countries plan to take up Colombo Port expansion project to balance China’s growing influence in the Indian Ocean region.
Sri Lanka, China sign USD 1.1 bn Hambantota port dealThe deal had been delayed by several months over concerns that the deep-sea port could be used by the Chinese Navy.
China mum over Sri Lanka rejecting submarine dockingThe remarks came as China gets ready to host Sri Lankan Prime Minister Ranil Wicikramasinghe for the high-profile silk road summit on May 1...