ECONOMYEXT – Sri Lanka’s cabinet of ministers had given approval for a joint venture agreement to be signed between India’s National Thermal Power Corporation and Ceylon Electricity Board for liquefied natural gas power palnt. the state information office said.
NTPC and CEB is planning a 500 MegaWatt LNG plant in Kerawalapitiya in the Western Province.
The draft shareholders agreements had been prepared following several working group meeting between the two agencies.
The plant is coming without open tender on a government-to-government basis.
Another 500MW plant with Japan’s Sojitz Corporation, Mitsubishi and the CEB, and a 400 MW plant with China’s CMEC in Hambantota is in negotiation. (Colombo/Sept19/2018)
A total of 1,408,335 tourists have arrived in Sri Lanka so far this year, marking…
Elephant deaths in Sri Lanka are climbing at an alarming rate, with new figures showing…
In the wake of Sri Lanka waiving visa fees for nationals from 40 more countries,…
The Director General of Sri Lanka Customs today agreed before the Court of Appeal to…
The Presidents’ Entitlements (Repeal) Bill, which seeks to repeal the Presidents’ Entitlements Act, has been…
President Anura Kumara Dissanayake accused the opposition of hoping for an economic collapse in the…
