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Sri Lanka Expects First Coal Power Plant to Cut Generation
Mar. 22, 2011 08:08AM PST
Industrial MetalsBloomberg reported that a coal plant in Sri Lanka will produce cheaper power to support the country’s expanding economy.
Bloomberg reported that a coal plant in Sri Lanka will produce cheaper power to support the country’s expanding economy.
The market news is quoted as saying:
Sri Lanka’s $42 billion economy may grow 8.5 percent in 2011 and 9 percent in 2012 from an estimated 8 percent expansion in 2010, according to the central bank.