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Pacts with China to prop up coal power plant
View(s):The UPFA Government is to now enter into agreements with China to obtain technical assistance to run the controversial project the Chinese built – the Norochcholai coal-fired power plant.
The move comes amidst reports that costs of thermal power production by the CEB are soaring.
A Power and Energy Ministry official said there would be two agreements. One would be a Memorandum of Understanding between the two governments. That would be signed by Ministry Secretary M.M.C.Ferdinando on behalf of Sri Lanka.
The other will be an MoU between the Ceylon Electricity Board (CEB), which distributes the power produced, and the China Machinery Engineering Corporation (CMEC).