South Korean company to be awarded Colombo grid substations contract
The Sri Lankan cabinet approved the awarding of the contract to construct grid substations in Colombo to a South Korean company, Hyosung Corporation.
The contract, which is worth Rs 1.2 billion, comes under the government's Green Power Development and Energy Efficiency Improvement Investment Programme.
The proposal was put forward by Sri Lanka's minister of power and renewable energy, Ranjith Siyambalapitiya.