Despite the proposal being submitted by Agriculture Minister Chamal Rajapaksa , the implementation agency for the project will be the Ministry of Industries and Supply Chain Management headed by Minister Wimal Weerawansa and the state agencies which come under it such as Lanka Phosphate Co. Ltd, Lanka Fertilizer Co. Ltd and Colombo Commercial Fertilizer Company Ltd, top official sources told the Daily News Finance yesterday.
The Government has decided to go for the manufacture of Single Super Phosphate at Eppawela to save the annual expenditure of Rs. 11 billion ( US $ 57 Million- US $ 1= Rs. 190) in foreign incurred for the import of Triple Super Phosphate. With the Lanka Phosphate Ltd already manufacturing Nitrogen and Potassium Fertilizers for tea, coconut vegetables cultivations, it is envisaged that these two additional fertilizers, could also be manufactured here, which would mean that Sri Lanka could soon achieve self -sufficiency in paddy fertilizers, these sources said. The Eppawela factory of Lanka Phosphate is currently manufacturing 4,500 tonnes of Nitrogen and Potassium Fertilizers monthly but there is excess production capacity and there is the potential of going up to 7,500 tonnes a month, he said.
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