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
Major Tamil party affirms self-rule within a unitary state in Sri Lanka
-- [8 hours ago]
Sri Lanka expresses concern about the increasing use of armed drones in counterterrorism
-- [8 hours ago]
Supporters of Sri Lanka opposition parties clash in Uva, journalist among injured
Sri Lanka's main opposition party to appoint Sajith Premadasa to Deputy Leader post tomorrow
Sri Lanka's Yal Devi train runs to Jaffna after 24 years
Sri Lanka to provide medical specialists to Maldives
UNP General Secretary Tissa Attanayake resigns from leadership council
US Trade Show 2014 to begin in Sri Lanka from September 29
Sri Lankan President is now electorally vulnerable - UNP
Sri Lanka Marxist party says it has come out of electoral 'recession'

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.