India sends one more consignment of 40,000 MT of diesel to Sri Lanka
2 years, 8 months ago

India sends one more consignment of 40,000 MT of diesel to Sri Lanka

The Hindu  

India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation. The High Commission said that 40,000 MT of diesel under the Indian credit line reached Sri Lanka on Wednesday. India and Sri Lanka signed a $500 million Line of Credit Agreement for purchase of petroleum products on February 2, 2022. India recently announced to extend a $1 billion line of credit to Sri Lanka as part of its financial assistance to the country to deal with the economic crisis following the previous $500 billion line of credit in February to help it purchase petroleum products.

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