Sri Lanka has been scouting for LNG for running gas-based power plants and use it in other industries, and has now agreed to take supplies from Petronet LNG. As for the planned FSRU, it has been under discussion for years, and is finally likely to see the light of day some time in 2028.
The central bank also retained the stance of the monetary policy as ‘withdrawal of accommodation’ in a 5:1 majority decision. The central bank has retained the headline inflation forecast at 5.4 per cent for the current fiscal as uncertainty persists on the food prices front.
Nadella emphasised that developers need to understand the power of platform shifts as they are key to why we take these as inputs that drive economic growth in India.