Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

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
Sri Lanka stock exchange increases stakeholder engagement through social media
-- [35 minutes ago]
Sri Lanka's Attorney General indicts UPFA MP and 12 others in former MP Premachandra's murder
-- [50 minutes ago]
Sri Lanka's Mattala Rajapaksa International Airport to be closed at night to minimize losses
-- [1 hour and 0 minutes ago]
Sri Lanka Customs seize another container with a stock of ethanol
-- [1 hour and 11 minutes ago]
Sri Lanka Freedom Party prohibits party members from attending rallies of other political parties
-- [1 hour and 15 minutes ago]
Sri Lanka Police arrest former LTTE women's wing leader
-- [1 hour and 25 minutes ago]
"The final thought" : Indiana Buddhist Temple
-- [1 hour and 26 minutes ago]
Sri Lanka's Marxist party calls on government to dissolve parliament after April 23rd
-- [1 hour and 33 minutes ago]
Sri Lankan President pledges to resolve issues of every community equally
-- [2 hours ago]
Sri Lanka Cricket sends Seekkuge Prasanna to Australia as a stand by for Rangana Herath
-- [8 hours ago]

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.