(Bloomberg) -- Sri Lanka's government is seeking
private investment for about $10 billion of power projects in
the next 10 years to meet rising electricity demand in the South
Asian island.
Sri Lanka needs to increase generation capacity to meet
demand that's forecast to grow to 4,250 megawatts from 1,900
megawatts by 2017, said Tissa Herath, additional secretary at
the Ministry of Power & Energy. Private companies supply about
40 percent of electricity to the national grid, he said.
Read more at Bloomberg Emerging Markets News
private investment for about $10 billion of power projects in
the next 10 years to meet rising electricity demand in the South
Asian island.
Sri Lanka needs to increase generation capacity to meet
demand that's forecast to grow to 4,250 megawatts from 1,900
megawatts by 2017, said Tissa Herath, additional secretary at
the Ministry of Power & Energy. Private companies supply about
40 percent of electricity to the national grid, he said.
Read more at Bloomberg Emerging Markets News
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