COLOMBO (News 1st); Leader of the Opposition Sajith Premadasa points out that the transfer of control of the Kerawalapitiya Yugadanavi power plant to an overseas company, puts Sri Lanka's energy sector at risk. "No country in the world integrates natural gas supply tenders and related infrastruct...

COLOMBO (News 1st); New Fortress Energy Inc. announced today that they have executed a definitive agreement for New Fortress’ investment in West Coast Power Limited (“WCP”), the owner of the 310 MW Yugadanavi Power Plant based in Colombo, along with the rights to develop a new LNG Terminal off the c...

COLOMBO (News 1st); There is an attempt to hand over all the operations of the Yugadanavi Power Plant in Kerawalapitiya as well as the supply and storage of LNG, to a US-based firm, alleged JVP Leader Anura Kumara Dissanayake on Tuesday (13). Speaking to reporters Dissanayake said based on this a...

COLOMBO (News 1st); New Fortress Energy Inc. announced that it is negotiating the purchase of the Government’s 40% stake in the company that owns the Yugadanavi Power Plant in Kerawalapitiya. New Fortress already announced that it has signed a Framework Agreement with the Government of Sri Lanka ...