By my lights, the project should have started by now. We first went public on this two years ago. But at least they are still talking:
A proposal to link the two countries’ electricity grids could ultimately see improved reliability and stability of the Sri Lanka power supply and, in the long run, allow the country to purchase and export electricity depending on variability in price.
The interconnection – a high-voltage, direct current line to run from Madurai in India to Anuradhapura in Sri Lanka – is initially planned to transmit up to 500 MW, scalable up to 1 GW.
Pre-feasibility studies of the proposed Sri Lanka-India transmission network have already been completed, according to Sri Lanka’s electricity regulator, the Public Utilities Commission of Sri Lanka.