Category: Power

Sept 06, 2011 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board and India’s National Thermal Power Corporation inked a deal to build a 500MegaWatt coal plant in the island’s northeast coast. The 50/50 joint venture will begin construction at Sampur in Trincomalee, in late 2012 and is expected to be commissioned in 2016, CEB chairman […]

Aug 31, 2011 (LBO) – Sri Lanka’s Browns Investments has said it plans to make use of its plantations to generate more hydropower and increase capacity to 16 megawatts and sell electricity to the national grid. Free Lanka Capital Holdings, a joint venture between Browns and Perpetual Holdings, is the holding company of Pussellawa and […]

Aug 23, 2011 (LBO) – Lakdhanavi Ltd, a Sri Lanka-based company, has been asked to build a 52. 2 MegaWatt power plant in Comilla in Bangladesh to provide ‘quick rental’ power, a media report said. Two other coal plants of 300 MW have also been approved, media reports said. Bangladesh is estimated to be facing […]

Aug 22, 2011 (LBO) – Sri Lanka’s Tokyo Cement Company (Lanka) has signed a deal with the state power utility, Ceylon Electricity Board, to sell electricity from a six megawatt biomass power plant it plans to build. Net annual electricity generation from the plant would be around 37, 230 mega watt hours which will be […]

Aug 19, 2011 (LBO) – Sri Lanka’s renewable energy agency is setting up ‘wind energy parks’ to allow investors to build larger plants on a negotiated tariff moving beyond the current pre-set tariff for 10MegaWatt plants. The first such park will be set up in Mannar in northeastern Sri Lanka information minister Keheliya Rambukwella said. […]

Aug 08, 2011 (LBO) – Sri Lanka has commissioned a 500 kiloWatt solar power plant in Hambantota in the south of the island built with Korean help, the island’s power and energy ministry said. The solar plant in Hambantota in the South of the island built with 412 million rupees of Korean financing has been […]

Aug 04, 2011 (LBO) – Sri Lanka’s Hemas Power said profits for the June 2011 quarter rose 9-pct to 86. 8 million rupees with thermal revenues making up for hydro energy generation which was hit by low rainfall. Revenues rose 37 percent to 1,000 million rupees but generation costs rose 51 percent to 885 million […]

July 12, 2011 (LBO) – Sri Lanka will not impose power cuts although hydro-power reservoirs have run dry owing to drought but losses in the state utility will rise as it relies more on high-cost thermal power plants. Power minister Patali Champika Ranawaka said power generation capacity in hydro-power reservoirs had fallen to 29 percent […]

July 9, 2011 (LBO) – United Dendro Energy, a unit of Sri Lanka’s LOLC group is building a 6 MegaWatt dendro power plant to be fired by gliricidia with plans to eventually build 24MW of biomass generating capacity, the company said. The firm was now building a 4MW plant in the southern Kalutara district, which […]

July 05, 2011 (LBO) – Sri Lanka has appealed to the public to reduce consumption during peak hours, saying hydro-power reservoirs were running dry and several thermal plants had broken down but no power cuts will be imposed. The power ministry said in a statement no power cuts will be imposed despite reports of unofficial […]

June 20, 2011 (LBO) – Sri Lanka has signed a deal with the Asian Development Bank (ADB) to get financial aid worth 120 million US dollars part of which will go to private power firms and hydro schemes on plantations. “The project will contribute to a reliable, adequate and affordable power supply for balanced and […]

June 16, 2011 (LBO) – Sri Lanka’s Pawan Danavi (Pvt) Ltd, a unit LTL Holdings a power generating group will buy turbines from Gamesa Wind Turbines, the Indian arm of Spain’s Gamesa Corp Tecnologica, reports said. Pawan Danavi plant will run a wind farm with a capacity of 10. 2 MegaWatts with will have 12 […]