China look to muscle in on Sri Lankan and Bangladesh power projects
China may wrest power projects away from India in Sri Lanka and Bangladesh, thwarting its bid to exert economic and strategic influence in the neighbourhood by developing infrastructure. One such instance is Indian state-run power utility NTPC Ltd’s stalled plan to build a 500 megawatt (MW) plant in Sri Lanka. The island state is now said to favour a Chinese tie-up for the project. Also uncertain is ...
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