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Projects to meet all power needs of the North Central Province

Jan 26, 2011 10:01:01 AM - itnnews.lk

A new project is being planned to meet 100 percent the power needs of the North Central Province.

550 new Rural Electrification Schemes to provide 110,000 domestic connections and 10,000 connections for small businesses/industries will be launched in this respect with Swedish assistance. This Extension to this Rural Electrification Project will provide 100% Electrification

coverage to the Province. On a proposal by the President, Cabinet nod was granted to enter into a Credit Facility Agreement with Nordea Bank AB of Sweden for 53.49 million US Dollars being 85% of the cost of the project.

The Government will bear the balance 15% cost.