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::

* Sri Lankan President instructs to expedite Indian power plant project at Sampur
Thu, May 29, 2014, 12:05 am SL Time, ColomboPage News Desk, Sri Lanka.

May 28, Colombo: Sri Lankan President Mahinda Rajapaksa on Wednesday has ordered officials to expedite the implementation of the Sampur Power Project to build a coal-fired power plant jointly with India.

The President had directed the attorney General and the Secretary to the Ministry of Power and Energy to expedite the project, Press Trust of India reported quoting a statement from the President's office.

During the meeting with President Rajapaksa yesterday in New Delhi, India's new Prime Minister Narendra Modi discussing, India's development assistance programme and economic and commercial cooperation, expressed interest in early launch of the 500 MW Sampur Coal Power project.

During India's former External Affairs Minister Salman Khurshid's visit to the island last October, Sri Lanka power authority , Ceylon Electricity Board signed a MoU with India's National Thermal Power Corporation (NTPC) to build the 500 megawatt coal power plant in Sampur in Trincomalee.

A Joint Venture company named Trincomalee Power Company Limited (TPCL) was incorporated in Colombo in September 2011 with equal equity participation from NTPC and CEB for the US$512 million investment to set up the two 250 MW coal based power plants in Sampur.

However, the joint venture has been delayed due to disputes over several issues including the parameters that indicate the efficiency of the plant and maintenance fees.

At the signing of the deal last October it was announced that the construction was to begin within a year and the plant was to be connected to the national grid by 2018, providing cheaper electricity.

ColomboPage - Recent 10 Stories
Sri Lanka government says it will follow due process if it wants to amend the Constitution
-- [57 minutes ago]
Central committee of Sri Lanka coalition party JHU meets to discuss whether to support the budget
-- [1 hour and 13 minutes ago]
German tourist went missing in Sri Lanka jungle found safe
-- [2 hours ago]
Indian fishermen seek BJP leader's help to get Sri Lanka to release their boats
-- [3 hours ago]
Indian Tamil party leader accuses BJP government of openly aiding Sri Lanka
-- [4 hours ago]
India issues stamp commemorating Sri Lankan Buddhist revivalist
-- [4 hours ago]
INFOTEL ICT exhibition opens in Sri Lanka
Sri Lankan Navy Commander to leave for India tomorrow on an official visit
Sri Lanka's Northern Province CM's visit to India not yet decided
Sri Lanka's Sabaragamuwa University to re-open on Monday

Copyright © 2000, 2014 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.