Minister confirms Sapugaskanda refinery project to follow Build-operate-transfer model

The development of the Sapugaskanda refinery, to be carried out on a build, operate, and transfer (BOT) basis, will commence soon, Minister of Power and Energy Kumara Jayakody told Parliament yesterday.

He added that the selection of a project controller is in its final stages.

The Minister also noted that Rs. 171 million has been spent on the feasibility study for the project.

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