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 Janatha Vimukthi Peramuna Leader Anura Kumara Dissanayake today (13). Speaking to reporters, Dissanayake said that based on this attempt a Cabinet Memorandum was presented to the Cabinet of Ministers by the Finance Minister recently. New Fortress already announced that it has signed a Framework Agreement with the Government of Sri Lanka to supply natural gas or LNG to the existing 300 MW Yugadanavi Power Plant. 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. According to Anura Kumara Dissanayake Cabinet has given the green light for change in stake of the Yugadanavi Power Plant in Kerawalapitiya.

Source: The Nation July 13, 2021 09:33 UTC