Sri Lanka

300 MW LNG power plant: Still on low voltage

Cabinet approval for agreement referred to this week Construction to commence following cabinet approval  Controversy surrounds the 300 MW Liquefied Natural Gas (LNG) power plant to be built by Lakdhanavi Ltd. once again with the last-minute amendments made to the project agreement years after closing the bids.  The amendments have been made with the consent of the Ceylon Electricity Board (CEB) ...

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Govt. calls on supplier community to register for e-GP system

All Govt. organisations requested to use e-GP system in procuring of goods, works and services at earliestFirms already registered with e-GP system eligible to participate in bidding for all procurements in Govt. entitiesGovt. offers concessionary fee for those registering before 30 Nov., each registration valid for 12 calendar months In an effort to improve efficiency and transparency in procurement process, ...

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Government requests suppliers to register with e-GP procurement system promptly

Sri Lanka’s Government is inviting the supplier community to register with Electronic Government Procurement System (e-GP System) who wish to supply goods, works and consultancy and non-consultancy services to the Government. This system has been developed with all the essential modules such as Vendor Registration, Procuring Entity Registration, Announcement of Bids, Calling and Receiving of Bids, Electronic Bid Opening, Electronic ...

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Raise rupees not dollars to rebuild economy

Speaking at a series of election rallies in Trincomalee and Kinniya, on July 19, former Prime Minister Ranil Wickremesinghe has said he has an economic plan to rebuild the economy by raising $6,000 million from the International Monetary Fund and friendly countries. If the Sri Lanka Podujana Peramuna comes into power at the August 5 election the incumbent Prime Minister ...

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Five respond to Govt.’s invite for Foreign Currency Term Financing Facility RFPs

The Finance Ministry has received proposals in response to the notice calling for Request for Proposals (RFPs) from domestic banks incorporated in Sri Lanka and international banks/investment houses for a proposed Foreign Currency Term Financing Facility (FTFF) for the Government of Sri Lanka (GOSL). The proposals are from: Hongkong and Shanghai Banking Corporation Limited and/or its affiliates; State Bank of ...

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Sri Lanka to call for international bids to buy four used helicopters for the SLAF

Sri Lanka will call for international bids to buy four used helicopters for the Sri Lanka Air Force (SLAF) to train pilots for Peacekeeping Missions. Co-Cabinet spokesman Romesh Pathirana told reporters today July 9, President Gotabaya Rajapaksa on behalf of the Ministry of Defense had sought Cabinet approval to make the purchase. Pathirana said currently the SLAF uses two 1981 ...

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Govt. calls for RFPs to raise $500 m

Finance Ministry Finance Ministry taps domestic and international banks, investment houses for $ 500 m Foreign Currency Term Financing FacilityTenor 1 year or more; RFPs by 30 JuneProceeds to be used for financing expenditure as approved in VoA The Finance Ministry is requesting proposals from domestic banks incorporated in Sri Lanka, International Banks and Investment Houses for a proposed Foreign ...

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