India should actively participate in Sri Lanka’s growing power sector, both traditional and renewable, a top government official has said. “India has a good opportunity and should actively participate. The two governments are active in exploring business potential,” B.M.S. Batagoda, Secretary, Ministry of Power and Renewable Energy, told visiting Indian journalists.
He also said the island nation’s government is looking at the possibility of three-way joint venture among Sri Lanka India and Japan in building an LNG terminal at Kerawalapitiya. Batagoda said the Sri Lankan government has asked its power utility Ceylon Electricity Board (CEB) and the Indian thermal power major NTPC Ltd to come up with a financial model for the proposed 500 MW liquefied natural gas (LNG)-fired power plant. Read More…
Credit By : Financial Express
Latest posts by Financial Express (see all)
- Coal India shares fall 4% after Power Secy Garg raises need to award 5 coal blocks to big pvt firms - August 22, 2019
- Rooftop solar: Centre for greater discom role in achieving targets - August 22, 2019
- States to face cut in funds for missing targets under UDAY 2.0: Power Minister R K Singh - August 21, 2019