Sri Lanka power generation up 5.6-pct in first half

Sept 17, 2012 (LBO) – Sri Lanka’s power generation rose 5.3 percent to 5,875 GigaWatt hours (millions of units) in the six month to June from a year earlier, while growth during the month was 2.0 percent, official data shows. During the month of June power generation rose 2.0 percent to 982GWh. CEB’s hydro generation fell 57.1 percent to 164GWh and thermal rose 126 percent to 344GWh.

Thermal generation by private producers rose 10.5 percent to 473GWh and non conventional renewable energy rose 25.7 percent to 21GWh.

In the third quarter of 2012 Sri Lanka imposed power cuts, the first in a decade after a Chinese built coal plant broke down.

But growth slowed slight from last year when power generation grew 6.5 percent in the first six months and 4.4 percent in the month of June, Central Bank data showed.

In the year to December 2011 power generation grew 7.5 percent to 11,522 GWh.

Sri Lanka raised power tariffs in February 2011, after credit-financed thermal power generation using imported petroleum amid a drought helped drive the country into a balance of payments crisis. Higher tariffs encourage efficient usage.

Sri Lanka’s balance of payments pressure began around June 2011, due to surge in cr