Sri Lanka to look at emergency power purchases to avoid power cuts
The government of Sri Lanka is considering the purchase of emergency power from private power producers since the country could face power cuts by March this year.
The government of Sri Lanka is considering the purchase of emergency power from private power producers since the country could face power cuts by March this year.
The government of Sri Lanka has reportedly announced that it has hired Rohde Nielsen A/S of Denmark to nourish two beach stretches subject to severe erosion that are important for the country’s tourist industry.
The Asian Development Bank (ADB) has reportedly said it will in February review a proposal to invest US$ 100 million in a credit guarantee firm in Sri Lanka which will serve small and medium sized enterprises (SMEs).
Sri Lanka’s State Minister for Investment Promotion and government spokesperson, Keheliya Rambukwella has reportedly said that Sri Lanka has approved a US$ 500 million
Sri Lanka’s Power Minister Mahinda Amaraweera has reportedly called for fixed prices to be set for renewable energy after doing away with the current system of competitive bidding.