COLOMBO: Sri Lanka is aiming to attract well over US$1 billion in foreign direct investment this year, an official said on Friday , as the country wrestles with its worst financial crisis since independence in 1948.
Marubeni has put forward a proposal to set up an 800 megawatt solar and wind plant while the Adani Group has already completed feasibility studies on a similar 500 MW project that it hopes to wrap up in 18 months to 24 months, she said. Two Chinese companies are also eyeing similar projects. "We are optimistic we will meet targets already set for the year," she said."Provided the renewable energy projects we have received can get through, we will even over-reach what we have targeted."
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