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How India is helping Sri Lanka amid economic crisis

How India is helping Sri Lanka amid economic crisis

Zee News
Saturday, April 02, 2022 03:36:27 PM UTC

India handed over a consignment of 40,000 MT of diesel under Indian assistance through the Line of Credit of USD 500 million.

Colombo: India on Saturday delivered 40,000 MT of diesel to Sri Lanka to help ease the power crisis in the island country which is witnessing acute power cuts. A part of the US 500 million oil line of credit (LoC) extended by India to Sri Lanka, this is the fourth consignment of fuel delivered from India to Sri Lanka under the LoC.

Further, India has supplied around 200,000 MT of fuel to the island nation over the last 50 days. "More fuel supplies delivered by #India to #SriLanka! A consignment of 40,000 MT of diesel under #Indian assistance through Line of Credit of $500 mn was handed over by High Commissioner to Hon`ble Energy Minister Gamini Lokuge in #Colombo today," tweeted India High Commission in Colombo (sic).

More fuel supplies delivered by #India to #SriLanka! A consignment of 40,000 MT of diesel under #Indian assistance through Line of Credit of $500 mn was handed over by High Commissioner to Hon'ble Energy Minister Gamini Lokuge in #Colombo today. (1/2) pic.twitter.com/j8S2IsOw29

— India in Sri Lanka (@IndiainSL) April 2, 2022

"This is the fourth consignment under the LoC. Fuel delivered from #IndianWells to people of #SriLanka in last 50 days is about 200,000T," it added (sic).

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