Sri Lanka’s CEB signs agreement with DIMO and Siemens for power transmission and distribution project
DIMO and SIEMENS, a global technological and electrical solutions provider, have recently signed a contract with Sri Lanka’s state owned power utility company, the Ceylon Electricity Board (CEB) to embark the package 04 Lot A phase of the “National Transmission and Distribution Network Development and Efficiency Improvement Project” for enhancing national power supply.
The package 04 Lot A phase of this project was awarded to SIEMENS – DIMO Consortium which has been pioneering in the power generation, transmission and distribution business, local media reports stated.
The agreement was signed between CEB and SIEMENS, DIMO consortium at the CEB head office with the participation of Vijitha Herath, Chairman of CEB, Y.G.I. Saman Kumara,Vice Chairman, S.H Diddeniya, Project Director of CEB, Wickramasinghe, Project Manager for CEB, Nikhilesh Amonkar, Head of SIEMENS Distribution Systems Business, Mitul Jhaveri, Manager Finance, SIEMENS, Prasad Palsokar, SIEMENS Country Manager for Sri Lanka, Prakash Kumar Chandrakar, Country BU Head for SIEMENS, Venkatesh Sarathy,Country BU Finance Head from SIEMENS, Sarath Algama, Executive Director of DIMO, Wijith Pushpawela, Executive Director of DIMO and Janaka Rodrigo, General Manager of DIMO were also present at this occasion.
The National Transmission and Distribution Network Development and Efficiency Improvement Project is a government project funded by Japan International Cooperation Agency (JICA) with the objective of enhancing the capacity of national transmission and distribution network located in Greater Colombo and its surrounding area.
‘’Power sector plays a pivotal role in any economy and developing efficient and reliable power supply is core in enhancing the development in any country. As a major player in developing infrastructure in the nation, DIMO is proud to embark on this project with SIEMENS while keeping with our purpose of fuelling dreams and aspirations of the people,” Chairman and Managing Director of DIMO, Ranjith Pandithage has been quoted as saying in local media.
Executive Director of DIMO Wijith Pushpawela has noted, ‘’DIMO’s expertise in the power engineering sector and long lasting relationship with its partner SIEMENS have paved the way for securing this opportunity. With CIDA accreditation as an Electro Mechanical (EM1) contractor for high, medium and low tension electrical installations and ISO certifications in power engineering sector, further re-confirmed wining this bid.’’
OSL take:
Sri Lanka’s power and energy sector continues to be a growing business/investment opportunity. Sri Lanka’s ever growing demand for power has made it a hotspot for business/investment opportunities.
| Article Code : | VBS/AT/20200601/Z_4 |