Sri Lanka approves plans for three LNG power plants
ECONOMYNEXT – The Sri Lankan government has approved plans to set up three liquefied natural gas (LNG) power plants with a total capacity of 1,400 megawatts in government-to-government deals with China, India and Japan.
The Cabinet of ministers this week approved a proposal by Ranjith Siyambalapitiya, Minister of Power and Renewable Energy, for the projects, the Cabinet office said.
According to the proposal, the power plants are needed to meet demand for electricity which is projected to increase markedly after 2021.
China has agreed to set up a 400MW LNG power plant in southern Hambantota, where a Chinese company last year won a deal to operate a large port there.
Japan and India have agreed to set up two other LNG power plants each with a capacity of 500MW.
(COLOMBO, May 10, 2018)