Sri Lanka to buy 3 private power plants: Power Minister

mini-hydro-power-plant

Mar 23, 2016 (LBO) – Sri Lanka’s Power Ministry has decided to buy three private power stations as an additional measure to avoid future power cuts.
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Accordingly, ACE power generation Matara (25 MW), ACE power generation Embilipitiya (100 MW) and Heladhanavi Power Station Puttalam (100 MW) will be acquired by the government. The power purchase agreements of these three power stations have expired.
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Power Minister Ranjith Siyambalapitiya addressing Parliament on Wednesday said they are planning to start three gas turbine power stations with each generating 35MW within the next 12 months.
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The ministry has also proposed to establish 12 wind and solar power parks in the island. The Power Ministry has also prepared a plan to use generators at factories and business premises if a power shortage occurred in the future.
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The ministry estimates around 65 – 70 MW power to be drawn from these generators by giving them incentives.
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The country's demand for electricity increased rapidly with the highest demand recorded last week (42 GW hours) because of the prevailing weather conditions.
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ryesj
ryesj
8 years ago

Incentivise roof-top solar installations! Or at least waive any taxes so that more people will be able to afford them. This will immensely help with your power problems!

Madhura Jayaweera
Madhura Jayaweera
8 years ago

Solar power is mainly in the day time where as the peak demand is from 7 to 10 PM. But for AC it may help

sfernando
sfernando
8 years ago

This will be a major deal for hemas and aitken spence and lots of opportunity for taking bribes for all people from ministers to CEB people. these Power plants were fully depreciated in the company books and hence CEB should buy them for scrap or only pay for fuel and some reduced cost for generation of power only.

These thermal power generation agreements were initially signed during President Chandrika’s time by Hemas and AItken Spence and CEB guys took bribes and gave super profits for these companies as per the then agreed prices based on USD.

No long term purchase agreements should be signed now, and transparency should be maintained for these machines. Corruption Watchdog NGO’s and Unions should be looking at these agreements.

The reason for the power black-out may also be to do this repurchase deal, and get commissions for all around.

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