India grants $100 million Line of Credit to Finance Solar Projects in Sri Lanka

India has extended $100 million Line of Credit to Sri Lanka for installing three solar power projects in the country. The credit limit will include funding of rooftop systems for 20,000 households and 1,000 government buildings, and a floating solar plant. The projects were announced in March 2018 during the International Solar Alliance in New Delhi. The proposal aims at increasing solar and renewable energy share in total energy generation.