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 Lanka, China presidents to open the last phase of Norochcholai coal power plant
Sat, Aug 23, 2014, 12:10 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 23, Colombo: China's President Xi Jinping during his visit to Sri Lanka next month will join Sri Lankan President Mahinda Rajapaksa to commission the last phase of the China-funded Lakvijaya coal power plant in Norochcholai in north western Sri Lanka.

President Xi, who plans to visit India, Pakistan and Sri Lanka in the coming weeks, is expected to visit Sri Lanka in mid-September.

The Lakvijaya coal power plant was built in two phases. The Phase I of the project with the capacity of 300 MW was commissioned in March 2010 and the Phase II with capacity of 2X300 MW will be commissioned during the Chinese President's visit. With the completion of the second phase the plant will add a total of 900 MW to the grid.

According to the Ministry of Power and Energy, the funding for the project was provided by the Chinese Government on a long term low interest rate to the Sri Lankan Government.

The construction work was carried out by China Machinery Engineering Corporation (CMEC) while the funding is provided by the EXIM Bank of the Republic of China. As local investment the Sri Lankan Government has invested Rs. 5.3 billion for the first stage and Rs. 11 billion for the second stage of construction.

ColomboPage - Recent 10 Stories
Sri Lanka PM reveals plans to launch housing programs beneficial to people
-- [7 hours ago]
People's Leasing & Finance PLC rings opening bell at Colombo Stock Exchange to celebrate 20th anniversary
-- [7 hours ago]
Jayalalithaa writes to Indian PM on Sri Lanka Navy arresting Indian fishermen
-- [7 hours ago]
Bangladesh Navy's ship starts for Sri Lanka with more aid for flood victims
-- [8 hours ago]
Sri Lanka Public Services Commission suspends Anusha Palpita from post
-- [8 hours ago]
Sri Lanka Marxist party launches campaign against taxes
-- [9 hours ago]
New inductees of the Indian Administrative Services visit Sri Lanka
-- [9 hours ago]
Sri Lankan President claims tobacco and alcohol use reason for poverty and poor health
Norwegian State Secretary's visit to strengthen political dialogue with Sri Lanka
Sri Lanka's Colombo inflation rises to 4.8 percent in May 2016

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.