Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Iranian President Raisi inaugurates $514 million hydropower project in Sri Lanka

PTI
Updated: April 24th, 2024, 18:15 IST
in International
0
Iran President stresses coordination with Pakistan to safeguard common border

Pic - IANS

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Colombo: Iran’s President Ebrahim Raisi Wednesday inaugurated a $514 million hydropower project in the southeastern region of Sri Lanka which was partly funded by Tehran and was long-delayed due to international sanctions on the oil-rich nation.

This was the first visit by an Iranian president to Sri Lanka since an April 2008 visit by its then-president Mahmoud Ahmadinejad.

Also Read

Texas Flood

51 dead, 27 girls missing in Texas flood; search underway

6 hours ago
BRICS

Brazil hosts BRICS, cautious not to upset Trump administration

7 hours ago

Raisi was received by Prime Minister Dinesh Gunawardena on his arrival at the southern province’s Mattala International Airport earlier in the day. Tight security was in place with roads being closed for normal traffic as the Iranian president was driven to the project inauguration site where he was met by Sri Lankan President Ranil Wickremesinghe.

During the inauguration, Raisi said Tehran was happy to assist the Uma Oya Multipurpose Development Project (UOMDP) to forge closer ties between the people of Iran and Sri Lanka. Iranian engineers worked on the project to see its success.

Wickremesinghe in his address said he looks forward to Sri Lanka and Iran making joint progress as members of the Global South. He said Sri Lanka is grateful to Iran for the technical support provided to UMODP, the second-largest irrigation project in the island after the Mahaweli River diversion project in the 1980s.

According to a press release issued by the Sri Lankan government, the UMODP project costing $514 million was kicked off with $50 million provided by Iran.

The Sri Lankan government and Farab Energy and Water Projects (Farab Company) of Iran agreed in April 2008 to implement the project. The total contract sum amounted to $514 million and the Export Development Bank of Iran (EDBI) funded $50 million until 2013.

However, due to international sanctions imposed on Iran later that year, Tehran was unable to continue providing funds for the project. Subsequently, Sri Lanka decided to proceed with the project using government funds while continuing with the same contractor, Farab Company, the release said.

The project would add 290 GWh to the national grid, while supplying water to 4,500 hectares of new agricultural land and 1,500 hectares of existing farmland and would meet the drinking water needs of thousands of families in Badulla, Monaragala and Hambantota districts.

PTI

Tags: Ebrahim RaisiIranSri Lanka
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019

Archives

Editorial

Politics of Philosophy

AAKAR PATEL
July 6, 2025

The BJP’s constitution (Article 3) says, “Integral Humanism shall be the philosophy of the party.” The party’s membership form has...

Read more

India’s Spy Shift

July 5, 2025

India’s espionage architecture is quietly shifting. The appointment of Parag Jain as the new chief of RAW comes at a...

Read more

Hungary Lessons

Hungary
July 2, 2025

Revolting against oppression and seeking freedom is ingrained in human nature, something that a repressive regime finds out sooner or...

Read more

New Democratic Face

Zohran Mamdani
July 1, 2025

US President Donald Trump, who had comfortably defeated his Democratic rival Kamala Harris in the recent presidential election and exuded...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST