China suspends energy projects in Sri Lankan islands located close to India over 'security concern'
Colombo, Dec 3: China has suspended a project to install hybrid energy plants in three islands of Sri Lanka, citing "security concern" from a "third party", amid reports of India raising concern over its location.
In January, the Chinese firm, Sino Soar Hybrid Technology, was awarded the contract to install a hybrid renewable energy system in Delft, Nagadeepa and Analthivu islands, off the coast of Jaffna, according to a report in newsfirst.lk news website published on Thursday.
The three islets are located close to Tamil Nadu.
Without naming India, the Chinese embassy here in a tweet on Wednesday confirmed that "Sino Soar Hybrid Technology, being suspended to build Hybrid Energy system in 3 northern islands Flag of Sri Lanka due to 'security concern' from a third party".
Instead, it added, Beijing has inked a contract with Male on November 29 to establish solar power plants at 12 islands in the Maldives.
According to the newsfirst.lk report, in early 2021, India lodged a "strong protest" with Lanka on the award of the tender to the Chinese company for the construction of renewable energy power plants in Delft, Nagadeepa and Analthivu.
The contract was part of the Supporting Electricity Supply Reliability Improvement Project, which is implemented by the Ceylon Electricity Board (CEB) and funded by the Asian Development Bank (ADB), it said.
Last month, the Lankan government awarded the state-run China Harbour Engineering Company the contract to develop Colombo Port's eastern container terminal, months after it scrapped a tripartite deal with India and Japan to build the deep-sea container port.
China is one of the biggest investors in various infrastructure projects in Sri Lanka under Beijing's controversial Belt and Road Initiative (BRI). But there has been criticism, both locally and internationally, and growing concerns that China has lured Sri Lanka into a debt trap.
The island nation in 2017 handed over the strategically important Hambantota port to a state-run Chinese firm for a 99-year lease as a debt swap amounting to USD 1.2 billion.
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NRI industrialist Lord Swraj Paul passes away in London
London (PTI): Leading NRI industrialist Lord Swraj Paul passed away in London on Thursday evening, family sources said. He was 94.
Lord Paul, founder of UK-based Caparo Group of industries, had been taken ill and hospitalised recently, where he passed away surrounded by members of his family.
The House of Lords peer was born in Jalandhar and relocated to the UK in the 1960s in pursuit of treatment for his little daughter Ambika’s cancer.
After she passed away aged four years old, he set up the Ambika Paul Foundation as a charitable trust that went on to donate millions to promote the wellbeing of children and young people all over the world through education and health initiatives.
“The London Zoo is where she was always the happiest,” recalled Lord Paul last month, during the annual commemoration he hosted at the Ambika Paul Children’s Zoo in London – one of the major beneficiaries of the foundation.
After he lost his son Angad Paul in 2015 and his wife Aruna in 2022, he went on to undertake similar philanthropic endeavours in their memory.
“This hall is a tribute to my wonderful wife whom I miss very much; we never had an argument during our 65 years of marriage,” said Lord Paul, when he inaugurated the Lady Aruna Swraj Paul Hall at the historic Indian Gymkhana Club in London in February 2023.
A regular in the annual ‘Sunday Times Rich List’, this year he was ranked 81st with an estimated wealth of GBP 2 billion, largely derived from the steel and engineering multinational Caparo Group.
Headquartered in London, Caparo operates internationally from over 40 sites, with operations based in the UK, North America, India, and the Middle East. His son, Akash Paul, is Chairman of Caparo India and Director of the Caparo Group.
Last year, in his capacity as the Chancellor of the University of Wolverhampton, Lord Paul awarded an honorary doctorate to Akash Paul for services to business administration.
“Perhaps, I am the only graduate to get a degree from his own father, independently approved by the University Board, of course, I may add,” said Akash Paul, who was accompanied by wife Nisha and son Arush at the ceremony held at the London Zoo.
“My son has worked alongside me at Caparo since 1982. Akash was appointed CEO of Caparo Group in 1992. During this time, he furthered Caparo’s growth strategy in UK, Europe, USA and India, as well as expanding capacity and increasing profitability of the companies in the United Kingdom and was president, Caparo Automotive Espana, Spain and Executive Board, Bull Moose Tube, USA,” said Lord Paul, who had served as Chancellor of Wolverhampton University for over 26 years.
An active member of the Indian diaspora in the UK, Swraj Paul maintained his daily routine of attending the House of Lords despite his frailty in recent months.
"We pray for the departed soul. May the noble Lord rest in peace," said Lord Rami Ranger, his colleague in the Upper House of Parliament.
