⚡ Cabinet Approves $ 8 Mn+ Sampur-Kappalthurai Electricity Transmission Infrastructure Project

• Key Highlights: The Cabinet has approved a multi-currency contract exceeding $ 8 million (approx. $ 8.35 Mn total) to a joint venture between Ceylex Engineering Ltd. and China’s Xingneng Electric Power Construction Co. Ltd. to enhance grid reliability in Sri Lanka's Eastern Province. • Financial Breakdown: - US Component: $ 4.15 Mn - Euro Component: € 0.78 Mn (~$ 0.9 Mn) - Rupee Component: LKR 1,096.08 Mn (~$ 3.3 Mn) - _Note_: Figures exclude applicable taxes; project funded by the Asian Infrastructure Investment Bank (AIIB). • Project Scope: - Construction of a new 220(132)/33 kV grid substation in Sampur. - Expansion of the existing 220(132)/33 kV grid substation in Kappalthurai. • Procurement Details: Awarded following international competitive bidding among six contenders. The JV was recommended as the lowest substantially responsive bidder by the High-Level Procurement Committee. • Economic Significance: Strengthens national power grid transmission efficiency and infrastructure capacity to support regional energy distribution and economic activity in the energy & power sector.