Economics

Sri Lanka, Iran Presidents inaugurate Uma Oya hydro-electric project

Iran’s President Seyyed Ebrahim Raisi and Sri Lanka’s President Ranil Wickremesinghe jointly inaugurated a hydroelectric project in Sri Lanka, adding significant capacity to the national grid with an estimated generation of up to 290 Giga Watt hours of energy. This $514 million irrigation and hydropower initiative, designed and constructed by Iran’s Farab engineering group, holds

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