News Line

    Go to Home Back
Email this to a friend
Printable version
Friday, January 18, 2013 - 05.39 GMT

Power distribution network in Colombo to be strengthened

 

The government of Japan will prove financial assistance to the sum of Rs. 23.9 billion for a project to construct a power transmission and distribution network in the Greater Colombo area.

The Greater Colombo Transmission and Distribution Loss Reduction Project is aimed to strengthen the power transmission and distribution capacity as the electricity demand in the Greater Colombo area has increased rapidly due to the development and investment promotion activities initiated by the government.

The project aims to minimize transmission and distribution losses, and strengthen capacity to enhance the energy supply reliability.

The Cabinet has granted approval to a proposal put forward by the President in his capacity as the Minister of Finance and Planning to enter into a loan agreement with the government of Japan to obtain a Japanese Yen 15.9 billion (approximately Rs.23.9 billion) through Japan International Corporation Agency (JICA) for the project.

 


 

 
 
   
   
     
   
   

top

   

Contact Information:: Send mail to priu@presidentsoffice.lk with questions or comments about this web site.
Last modified: January 18, 2013.

Copyright 2008 Policy Research & Information Unit of the Presidential Secretariat of Sri Lanka. All Rights Reserved.