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Petronet LNG signs agreement with Sri Lankan govt for power generation

Business Standard LogoBusiness Standard6h ago

Petronet LNG signs agreement with Sri Lankan govt for power generation - Business Standard

Quick Summary:

The Sri Lankan government and a state-run Indian firm on Tuesday signed an agreement to develop infrastructure for storage, regasification and LNG supply for a combined cycle power plant in the island nation, according to the power and energy ministry here.

The memorandum of understanding (MoU) was signed between Sri Lanka's LTL Holdings Limited and India's Petronet LNG Limited for the infrastructure development of the Sobadhanavi Combined Cycle Power Plant at Kerawalapitiya, north Colombo.

The Sri Lankan Minister of Power and Energy, Kanchana Wijesekera, and the Deputy High Commissioner of India, Satyanjal Pandey, signed the MoU at a ceremony here.


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Category: BusinessFinance

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-08-20 @ 19:59:57 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 9 lines

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Copyright Owner: © Business Standard

News ID: 22180059

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