Category: Power

Oct 24, 2011 (LBO) – Sri Lanka’s power utility has lost 167 million rupees a day in August amid dry weather and power sector faces bankruptcy unless tariffs are adjusted, power minister Champika Ranawaka has said. The daily numbers points to a monthly loss of about five billion rupees. Sri Lanka has two state run […]

Oct 19, 2011 (LBO) – Average prices paid in Sri Lanka to renewable energy firms in wind, mini-hydro and biomass are among the highest in the world, an analysis by an industry expert has shown. Wind power plants in Sri Lanka are paid an average of 19. 97 rupees a kiloWatt hour compared to the […]

Oct 15, 2011 (LBO) – Sri Lanka’s power tariffs are no longer the highest in the region for manufacturing, though it was most expensive for larger households, even topping Singapore, an analyst has said. Exorbitant prices were also paid by some service sector customers. “We are the highest in the region for household using lots […]

Oct 12, 2011 (LBO) – Suzlon Energy Limited of India said Sri Lanka’s Senok group has ordered 10 wind turbines of 2.1 MegaWatts each, to expand is wind farms. Suzlon had earlier sold turbines of 10MW to Senok which has built a wind farm in Puttalam in North Western Sri Lanka. “This new order underlines […]

Sept 13, 2011 (LBO) – Malaysia’s Octagon Consolidated said it close to finalizing a 40MegaWatt municipal waste burning power plant in the Western Province Sri Lanka where the island’s capital is located. The westerna province waste management authority had earlier said in its website that it was negotiating a 40MW waste burning plant with a […]

Sept 09, 2011 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board which has been badly hit by a failure of the island’s main monsoon is expecting about 6 billion rupees of losses in 2011, due to extra thermal generation. Peak Management Sri Lanka’s evening peak load is about 2,000MW now, without counting mini-hydro capacity. The […]

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 […]