Rs. 1.2 b Colombo grid substations contract to South Korean firm

Monday, 30 July 2018 00:00 - - {{hitsCtrl.values.hits}}

The Government has received Cabinet approval to award the contract for the construction of Colombo grid substations to Seoul-based South Korean conglomerate Hyosung Corporation.

The contract is awarded for the construction of the Colombo B Grid Substation under the Green Power Development and Energy Efficiency Improvement Investment Program, installation of single In and Out Connection from Colombo C Grid Substation and Kolonnawa 132/11 kV 800mm2 Cable and augmentation at the Colombo C and Kolonnawa Grid Substations.

The Standing Cabinet Appointed Procurement Committee (SCAPC) has recommended awarding the contract to Hyosung Corporation for a sum of Rs. 1,260.78 million. The Cabinet of Ministers has granted approval to the proposal made by Power and Renewable Energy Minister Ranjith Siyambalapitiya to award the contract to Hyosung Corporation.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.