Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Hong Kong firm to invest US$1.35 billion for LNG power project in Sri Lanka
Fri, Sep 6, 2013, 07:57 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 06, Colombo: Hong Kong-based liquefied natural gas (LNG) power generator, Energy World International, will invest up to US$1.35 billion to establish a LNG terminal and a power plant in Sri Lanka, according to industry reports.

The firm has reportedly been granted cabinet approval last month to set up a LNG Hub Terminal in the Colombo Port.

According to the Energy World International, the LNG import receiving terminal will act as a hub for onward distribution of LNG throughout Sri Lanka.

The firm believes there is a considerable demand for LNG in Sri Lanka and estimates the demand to be 2.0 MTPA (million tonnes per annum).

Energy World Group will also develop a 600MW combined cycle gas turbine (CCGT) power station at Kerawalapitiya near the capital Colombo with the LNG supply from the terminal at the port.

The Hong Kong firm says a substantial development of this project is already underway.

ColomboPage - Recent 10 Stories
New Artifacts found in Sigiriya Excavation
-- [11 minutes ago]
Sri Lankan tourism experts visit Queensland for 10-day study tour
-- [35 minutes ago]
Plantation Minister emphasizes the need for weedicides to prevent damage to tea industry
People's representatives should set an example to the public - President
BMW ended up in canal driven by a relative of Minister Kabir Hashim
Victims of Kandy violence to receive payments for damages tomorrow
Indian national arrested in Sri Lanka for illegally conducting business
Higher Education Minister looks into hostel issues at Ampara Hardy Technical College
Sri Lankan delegation to leave for Geneva tomorrow to attend 37th UNHRC session
Sri Lankan President lifts nationwide state of emergency

Copyright © 2000, 2012 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.