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A proposal to set up three new Liquid Natural Gas (LNG) power plants with the assistance of China, Japan and India has been given the green light by the Cabinet of Ministers.
The Cabinet memorandum presented by Minister of Power and Renewable Energy Ranjith Siyambalapitiya has proposed to establish the three new power plants as a measure to resolve the country’s energy crisis, which is expected to become far more serious by 2021.
Consequently, the Cabinet nod has been given to construct a 400 MW LNG plant with the assistance of China while two separate 500 MW LNG power plants will be constructed with the support of Japan and India. (SG)