header logo
Asia asset finance
Mogo Academy
Latest
President rejects request from govt’s allied parties
Oct 18, 202103:16 PM
President rejects request from govt’s allied parties

President Gotabaya Rajapaksa has rejected the request made by 11 allied parties of the government for a discussion on the agreement reached between the Sri Lankan government and US-based New Fortress Energy for latter’s investment in West Coast Power Limited (WCP) – the owner of 310 MW Yugadanavi Power Plant in Kerawalapitiya.

 

The opposition as well as ruling party members had expressed objections to the agreement which would reportedly handover a 40% stake in West Coast Power Limited to New Fortress Energy.

 

Accordingly, eleven political parties allied with the government had made a request to the President on September 21 seeking a discussion on the matter.

 

The request had been made by the Democratic Left Front (DLF), the Lanka Sama Samaja Party (LSSP), the National Freedom Front (NFF), the Puvithuru Hela Urumaya (PHU), Ape Jana Bala Pakshaya, Sri Lanka Freedom Party (SLFP), National Congress, Eksath Mahajana Party, Sri Lanka Communist Party, the Sri Lanka Mahajana Pakshaya and the Yuthukama National Organization.

 

In their request, the parties had said that the agreement needs to be revisited and discussed and also that it should be implemented following proper tender procedure after a formal study.

 

However, President Rajapaksa has responded in writing to the representatives of those political parties stating that it would be more appropriate to discuss the matter in the Cabinet meeting or the ruling party meeting. 

 

The letter also states that the Secretary to the Finance Ministry and CEB officials would be instructed to brief them on this.

 

Meanwhile the President has also states that if there is any issue with the political decisions of the Sri Lanka Podujana Peramuna (SLPP) they should take it up with either party leader PM Mahinda Rajapaksa or national organizer Minister Basil Rajapaksa, political sources told Ada Derana.

 

The leaders of the government’s allied parties are therefore expected to meet on October 23 to extensively discuss the issue. 

 

The New Fortress Energy, in a statement, recently said it will acquire a 40% ownership stake in the WCP and plans to develop a new liquified natural gas (LNG) receiving, storage and regasification terminal located off the coast of Colombo.

 

 

 

 

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