ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board will call international tenders for a 300 MegaWatt liquefied natural gas (LNG) power plant to be operated as an independent power producer (IPP), the state information office said.
The cabinet of ministers had approved the proposal for the plant to be run on a build own operate transfer (BOOT) arrangement.
The 300MW plant should be set up in Kerawalapitiya, north of Sri Lanka’s capital Colombo.
The cabinet of ministers had approved the proposal by the Minister of Power to call international competitive bids to select the investor.
It should be built within three years.
Sri Lanka does not yet have an LNG terminal. The setting up of a floating terminal had been proposed several times.
The CEB earlier called bids for a dual fuel plant but the tenders ended up in court after a controversy. (Colombo/Sept16/2020)