Press briefing of Cabinet Decision taken on 2011-12-21

ADB Loan for 2011 - Lot C - Second Circuit Stringing of Kotmale - New Anuradhapura 220KV, 163 Km Long Transmission Line

? Asian Development Bank has agreed to provide funding assistance to implement six power sector projects and one such project is the Eastern (North and East) Transmission Development Project. Lot C above is estimated to cost US $8.8 million (equivalent to LKR 1008.04 million). The proposal made by Hon. Patali Champika Ranawaka, Minister of Power and Energy, to proceed with the above project, was approved by the Cabinet.