Sri Lanka’s Power & Renewable Energy Ministry had opened the bids for the 300MW Kerawalapitiya LNG-fired power plant but a clear winner has yet to emerge.
Sri Lanka has decided to go ahead with setting up an LNG terminal near Colombo and has issued a letter of intent (LoI) to Petronet LNG of India.
India is understood to be keen to revive the 5GW Pancheshwar multi-purpose project (PMP) in Nepal and it is willing to bear about two-thirds of the cost.
Piramal Capital’s Structured Finance Group and Dutch partner APG Asset Management (APG) are investing Rs19bn (US$300m) in Hyderabad-based renewable energy producer Mytrah Energy India through the purchase of seven-year non-convertible debentures (NCDs).
NTPC is planning to set up 100 waste-to-energy pollution-free plants across the country under the Swachh Bharat (Clean India) mission.