Sri Lanka: Possible Investment in the Eppawela Phosphate Plant

India’s NPK Fertilizer Plant is prepared to open a fertilizer plant in Eppawela, in the Anuradhapura district of Sri Lanka. The authorities of the latter have stated that they are looking forwars to a joint venture and India is ready to invest around USD 3 million to increase the capacity of the existing plant in Eppawela.

Lanka Phosphate Limited presently produces SSP and TSP at the Eppawela plant, but the capacity of the plant is insufficient to meet the annual country demand of 75,000 tonnes of phosphate. The Indian company plans to increase the production and export the surplus.

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