Oct 03, Colombo: Sri Lankan government authorities within a week will finalize the agreement with India to set up a coal power plant at Sampur in the Eastern Province.
Additional Secretary of the Power and Energy Ministry, Ranjith Gunawardena said the Sri Lankan and Indian parties have managed to finalize a power purchase agreement for the proposed 500MW coal power plant.
He has been quoted in the media as saying that the agreement was likely to be signed within a week.
Gunawardena added that international tenders for the coal power plant project would be called soon after.
The joint venture plant between the Ceylon Electricity Board and India's National Thermal Power Corporation has been delayed due to disputes over several issues including the parameters that indicate the efficiency of the plant and maintenance fees.