Laugfs Power Ltd, a subsidiary company of Laugfs Holdings and Laugfs Gas PLC, will finally commence construction of a Rs. 500 million hydro power plant at Balangoda which will add 3 Megawatts of power to the national grid. A year ago, the company announced that it would invest Rs. 500 million to construct this plant, but it had taken a complete year to obtain all the approvals required for the project to take off the ground…
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