header logo
Asia asset finance
Mogo Academy
Latest
Cabinet approves additional electricity purchase from three countries
Apr 10, 201902:11 PM
Cabinet approves additional electricity purchase from three countries

The Cabinet of Ministers has granted the approval to award contracts to purchase 100MW of additional electricity from the United Kingdom, United Arab Emirates and Hong Kong.

 

The relevant proposal has been presented by Minister Ravi Karunanayake.

 

Accordingly, 24MW of electricity will be purchased for the Pallekele Grid Sub Station and 10MW for the Galle Grid Sub Station from International Project Ltd. in the UK for Rs 30.20 per 1kW.

 

Meanwhile, the Altaaqa Alternative Solutions Global FZE will be awarded the contract to render 10MW for the Grid Sub Station in Mahiyanganaya and 8MW for the Polonnaruwa Grid Sub Station. 1kW of electricity will be purchased at Rs 30.58 and Rs 30.63 for these two Grid Sub Stations, respectively.

 

The contract to supply 24MW for Hambantota and Horana Grid Sub Stations each is to be awarded to V Power Holdings Ltd. in Hong Kong. 1kW of electricity is to be purchased at Rs 28.43 and Rs 28.70, respectively.

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Lassana Flora