Cabinet approves proposal to find an investor for new 300MW LNG plant in Kerawalapitya

Sep 17, 2020 (LBO) – The Cabinet of Ministers have approved a proposal to find an investor for the second 300MW combined cycle LNG power plant in Kerawalapitya with the expectation of completing the project within a maximum period of three years.

A suitable investor will be identified following the international competitive bidding process while the project will be carried out under the build–own–operate–transfer (BOOT) delivery method.