The connection will be developed in two phases, of which the first phase, scheduled to complete in the near-future, would enable the transmission of 500 MW between the two countries. The second phase would enable a 1,000 MW transmission capacity, the target capacity.[1]
It is expected to reach a total development cost of approximately US$800,000,000. Such a connection between the two countries would enable the nations to sell excess energy, thus saving valuable resources.[4]
In February 2016, Damitha Kumarasinghe, Director general of Public Utilities Commission of Sri Lanka, announced that pre-feasibility studies on the project had been completed.[5]
But due to the ongoing 2019 economic crisis in Sri Lanka, the already planned 55 km under sea cable HVDC link is redesigned to be constructed as a over sea cable HVDC link, and the project is planned to be completed within 2030 from Madurai to Anuradhapura with the help of the World Bank.[7][8]