Sri Lanka to build second refinery jointly with India - oil minister
Oct 06, 2016 15:15 PM GMT+0530 | 0 Comment(s)
NEW DELHI, Oct 6 (Reuters) - Sri Lanka will build a second refinery in a tie-up with Indian companies, energy minister Chandima Weerakkody said on Thursday, a move that would strengthen New Delhi's engagement with Colombo.
"We are refurbishing our existing refinery as well, and we are moving towards our second refinery jointly with India," Weerakkody told Reuters.
Weerakkody is in India as part of the Sri Lankan Prime Minister Ranil Wickremesinghe's delegation for bilateral talks between the two countries this week.
The energy minister said the capacity of the refinery and the cost of the project have yet to be decided.
Weerakkody also said his New Delhi counterpart Dharmendra Pradhan on Thursday indicated that the Indian government has agreed to convert a 500 megawatt coal power plant in the eastern port city of Trincomalee to natural gas.
The coal project was given to Indian state-run utility firm NTPC earlier.