Energy Minister reveals position on US New Fortress power plant deal

Minister of Energy Udaya Gammanpila has raised concerns over the deal with US firm New Fortress Energy Ltd. pertaining to the Yugadanavi power plant in Kerawalapitiya.

Addressing the media, the Minister said the issue is not with 40% of shares of the power plant being given to New Fortress Energy Ltd, instead, it was over the decision to hand over the gas supply monopoly for a period of five years from 2023.

The Minister emphasized that he will never sign any agreement that is detrimental to the state. (NewsWire)

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