India plans power project in Sri Lanka after China’s shelved

COLOMBO: 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.

Indian External Affairs Minister Subrahmanyam Jaishankar, who is in Colombo for bilateral meetings, witnessed the signing, along with Sri Lankan Foreign Minister Gamini Peiris, the Indian Embassy said late Monday.

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