Cabinet approval to select investor for 300 MW LNG Power Plant in Kerawalapitiya

Friday, 18 September 2020 00:13 - - {{hitsCtrl.values.hits}}

Cabinet has approved a proposal by Power Minister Dulles Allahaperuma to select an investor through an international competitive bidding process to construct a 300 MW Liquefied Natural Gas (LNG) Power Plant in Kerawalapitiya.

The project is set to be completed within three years and will operate on a Build-Operate-Transfer (BOT) business model as an independent energy project through private investment.

The project is being undertaken as a solution to the power crisis that may arise in the country in the future.