Thu, 02 September 2010  21:19:38
Hydro Move 1 Comment(s)
30 Mar, 2010 17:36:57
Sri Lanka Distilleries makes hydro power move
Mar 30, 2010 (LBO) - Sri Lanka's Distilleries Company, said it was spending 750 million rupees to buy into a 4 MegaWatt hydro power plant in a tea plantation which is an associate firm in its group.
Bogo Power Pvt Ltd, will be built on Kirkoswals estate in the Bogowantalawa area in Sri Lanka's central hill region.

Distilleries said the firm had already signed a standardized power purchase agreement with state-run Ceylon Electricity Board to sell its output.

Distilleries is part of the Stassen's group controlled by businessmen Harry Jayewardene.

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READER COMMENT(S)
1. mfz Mar 31
A late entrant to the power industry...