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23rd of July 2018

Economy



Cabinet awards Rs1.5bn contract to ACL Cables for supplying aerial conductors

July 04, 2018 (LBO) – Sri Lanka’s cabinet of ministers has approved a proposal to award a contract of supplying 2,500 km of aerial bundle conductors to ACL Cables.

The proposal presented by Power Minister Ranjith Siyambalapitiya shows that the value of the contract is 1,456 million rupees.

Meanwhile, the government has also decided to establish a 10 Megawatt solar power plant in a land near the grid substation Valachchenai upon construction, ownership and maintenance basis.

Accordingly, the cabinet has approved the proposal to award this contract to Didul (Pvt.) Ltd at a cost of 12.49 rupees per 1 Kilowatt Hour.

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