Press briefing of Cabinet Decision taken on 2011-03-30

Vavuniya-Kilinochchi Transmission Line Project (II) Japan International Cooperation Agency (JICA)

- In terms of the official pledge made by the Government of Japan, the Japanese Government has agreed to provide a loan of Japanese Yen 1422 million (approximately Rs.1891 million) through the Japan International Cooperation Agency (JICA), as additional financing for the construction the transmission line from Vavuniya to Kilinochchi and the Grid Substation at Kilinochchi. The objective of the project is to reinforce the transmission network in the northern area of the country. Completion of this project will ensure reliable, adequate and efficient electricity supply to consumers in the Northern Province. The proposal made by H.E. the President to enter into a Loan Agreement with JICA was approved by the Cabinet.