Four to six new 25m towers will be erected at the ground, which is the RegionalOne BFL's preferred venue for finals football, allowing the Eastern Oval to host day-night cricket in addition to twilight and night football matches.

The final hurdle to the development - the need to direct the extra power needed to run the lights from Ebden and Rowe streets - has been cleared.

Councillor David Vendy, who took on the project when he was mayor and has followed it from its inception, yesterday announced the council's $50,000 contribution to match East Point's $40,000, to pay for the power upgrade that will make the installation of the light towers possible.

The new lights are part of the second phase of the Eastern Oval development that began with the construction of national standard change rooms and will eventually include the construction of an electronic scoreboard plus the relocation of the Ballarat Cricket Association to the venue. The electronic scoreboard will cost an additional $300,000.

The facelift also opens the door for a BFL night grand final.

"It is our goal to finish the job we started with Eastern Oval to make it one of the best regional ovals in the state," Vendy said yesterday.

Computer modelling will be used to help decide whether the ground requires four or six light towers.

The upgrade of the Eastern Oval lighting follows a similar announcement for Sunbury's Clarke Oval.

Darley also has plans to install more powerful lighting at Darley Park.

Eastern Oval's current tenants, in addition to the East Point Football Club, include the Golden Point cricket club, the Ballarat AFL Masters, and the Ballarat Knights (football for the disabled).

East Point vice president Michael Walsh said he would welcome discussions with another BFL club to share the venue.

"If another club came to us and said they wanted to come here we'd be silly to say no," Walsh said.