India to set up 500MW power plant in Sri Lanka
India and Sri Lanka agreed last Wednesday on a timetable to build a 500 MW coal-fired power plant in Veloor, near Nilaweli, in the eastern Sri Lankan district of Trincomalee.
The power plant, which is to cost $250 million, will be a joint venture between the Indian power utility giant, National Thermal Power Corporation (NTPC), and the Ceylon Electricity Board (CEB).
The power plant, which is to cost $250 million, will be a joint venture between the Indian power utility giant, National Thermal Power Corporation (NTPC), and the Ceylon Electricity Board (CEB).