Yugadanavi power plant deal: Revelations regarding the assessment report
Posted on December 11th, 2021

Courtesy Hiru News

A controversy has arisen regarding the Government Valuation Department issuing an assessment report within a day following an agreement to hand over shares of the Kerawalapitiya Yugadanavi power plant to an American company.

Leader of the JVP Anura Kumara Dissanayake presented the agreement to transfer the shares of the Yugadanavi power plant to an American company yesterday.

NFE Sri Lanka Power Holdings LLC entered into this agreement on behalf of the New Fortress Energy Company of the United States and Government of Sri Lanka on September 14.

>Prior to the signing of the agreement, the Ministry of Finance had requested the Government Valuation Department on July 9 to submit a report on the valuation of the Yugadanavi Power Plant at Kerawalapitiya.

Accordingly, the valuation report of the Yugadanavi Power Plant has been submitted on behalf of the Government Valuation Department within one day with the signature of the Chief Government Assessor DS Muthukumarana.

The value of a share of that power plant is between 1155 and 1252 rupees.

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