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Home Business & Finance Economic Policies

Sri Lanka’s solar power park awaiting bankable land rights: Minister todayheadline

January 14, 2025
in Economic Policies
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ECONOMYNEXT – A proposal to give bankable land rights to a company that is building a 100 MegaWatt solar park in Siyambalanduwa is awaiting Treasury observations, Power Minister Kumara Jayakody said.

“It is not a land transfer issue,” Minister Jayakody told parliament on January 09, in answer to a query whether a land transfer problem was delaying the project.

“They have asked that land be transferred to them so that they can be kept as a security to banks.

“We have put a cabinet paper for that. It is awaiting Treasury observations.”

Minister Jayakody said he did not expect a problem in implementing the project after the observations came. (Colombo/Jan14/2025)

Tags: awaitingbankablelandLankasMinisterparkPowerrightsSolarSritodayheadline
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