Coal Tender cancelled

On the request of the Ministry of Power and Energy, the Cabinet of Ministers on Thursday decided to cancel the Coal Tender that was awarded on August 25.

Power and Energy Minister Kanchana Wijesekera in a tweet emphasized that the selected supplier has communicated the inability to perform the Tender, citing concerns on the impact on legal cases filed and payment guarantee risk.” The Lanka Coal Company will publish a new International Open Competitive Tender that will allow any suitable supplier that has the ability to provide Coal on a long-term credit basis,” the Minister tweeted.