Modi strengthens ties with Sri Lanka by inaugurating solar plant

In Sri Lanka, Indian Prime Minister Narendra Modi began a two-day state visit, marking the first visit by a foreign leader since President Anura Kumara Dissanayake took office in September 2022. During his visit, Modi inaugurated the construction of a 120 megawatt solar power plant, developed as a joint initiative between India and Sri Lanka. This project aligns with Sri Lanka's critical need to reduce its dependence on fossil fuels and address energy shortages that were exacerbated during the country's economic crisis in 2022. The solar plant's construction is expected to play a vital role in revitalizing the nation’s energy infrastructure. Amid growing concerns regarding China's increasing involvement in Sri Lanka, which is strategically located along key shipping routes, Modi's visit is seen as a means to strengthen bilateral relationships. Recent years have seen China exert its influence in Sri Lanka through significant financial investments and loans related to development projects, including endeavors such as the Belt and Road Initiative. In contrast, the economic collapse of Sri Lanka in 2022 provided an opening for India to step in with much-needed assistance, including food, fuel, and medicine. As Sri Lanka navigates its economic recovery, maintaining balanced relations with both India and China will be crucial for successfully restructuring its staggering debts. During the visit, Modi engaged in bilateral talks with President Dissanayake, focusing on various energy and defense agreements, which underline India’s commitment to supporting Sri Lanka as it moves towards economic stability. The signing ceremonies also reflect an effort to bolster New Delhi's strategic influence in a region perceived as vital to its national interest. In 2022, Sri Lanka faced a severe power crisis, struggling to secure oil and coal imports due to depleted foreign reserves. Collaborations like the solar power project might help avert future crises, providing a more sustainable and reliable energy source. Overall, this visit underscores the delicate balancing act Sri Lanka must perform between its regional partners. As it aims to emerge from bankruptcy, both Indian and Chinese economic aid will play pivotal roles in revitalizing the nation’s economy, which has been negatively impacted by a history of mismanagement and external crises. The coming years will be fundamental for Sri Lanka as it seeks to stabilize its economy while balancing the interests of China and India in the region.