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
Indian Army Chief arrives in Sri Lanka to review bilateral defense ties
-- [9 minutes ago]
President invites IOM to host a global consultation in Sri Lanka on health of migrants
-- [1 hour and 4 minutes ago]
Sri Lankan President to leave for Paris today to attend Climate Change summit
-- [7 hours ago]
Government incurs losses of Rs. 147 billion in tax revenue due to concessionary vehicle permits
-- [7 hours ago]
Extremists spreading rumors of threats to national security, Sri Lanka Defense Secretary says
-- [7 hours ago]
Minister expects a revival in Sri Lanka's fisheries sector next year
-- [8 hours ago]
Canada, Australia leaders commend President Sirisena on remarkable changes brought to governance in Sri Lanka
-- [9 hours ago]
Sri Lanka Navy assists Coast Guard to arrest 8 Indian fishermen poaching in Sri Lankan waters
Sri Lankan President meets Canadian, Australian leaders at CHOGM
Murdered businessman's father retracts statement made in support of convicted DIG

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.