Category: Power
Sri Lanka must consider environmental impact with future energy mix: CEB
Sep 21, 2015 (LBO) – Sri Lanka needs to be aware of and concerned about the dangers of the environmental impact when developing its future electricity generation plans, a recent CEB report shows.“Green House Gas emissions in Sri Lanka from fuel combustion, both in absolute as well as in per capita terms are low even […]
Sri Lanka aims for wind power farm in Mannar
Sept 16, 2015 (LBO) – Sri Lanka’s Ceylon Electricity Board envisages installation of 375 megawatts in a wind power in Mannar between 2018 and 2025 as part of a drive to increase power generation from non-conventional renewable energy (NCRE) sources.After the first commercial wind power plants established in 2010, total capacity from wind power increased […]
CEB includes nuclear power in generation plan
Sept 14, 2015 (LBO) – Sri Lanka’s Ceylon Electricity Board has included a 600 megawatt nuclear power plant as an option for power generation from 2030 onwards, in its long-term generation plan, now open for public discussion.“From a technical point of view, the capacity of the present system is considerably small to accommodate a nuclear […]
Gas not included in Sri Lanka’s power generation plan
Sep 12, 2015 (LBO) – Gas found in the Mannar basin has not been included in Sri Lanka’s long-term power generation plans as discovery of the natural gas resources is still at very early stages, a Ceylon Electricity Board report says. The gas quantities have not been quantified with reasonable accuracy, the report adds, even […]
Laugfs to set up solar power plant in Hambantota
Sept 11, 2015 (LBO) – Laugfs Holdings Ltd. has acquired two solar panel projects with a plan to set up the largest solar power generator in the island. Laugfs Power, which is a unit of Laugfs Gas PLC, has acquired Anorchi Lanka Ltd, and Irish Eco Power Lanka Ltd, which have rights to build two […]
Solar power becomes more competitive, investments rise in India, US
24 Aug, 2015 (LBO) – Solar power has become competitively priced in electricity markets and large investments are on the rise. India’s Madhya Pradesh announced on Sunday plans to host the world’s largest solar power station with a capacity of 750 megawatts.“Global tenders for commissioning the solar power station in an area over 1,500 hectares […]
Sri Lanka gets Rs.26bn JICA loan to uplift national power grid
Aug 11, 2015 (LBO) – Sri Lanka’s government will get a 26 billion rupee concessional loan from the Japanese government through the Japan International Cooperation Agency, JICA to develop its national power transmission and distribution network, a statment said.The agreement was signed, Tuesday on behalf of the Sri Lankan govenment by R.H.S. Samarathunga, secretary, Ministry […]
Vidullanka to develop 6.5MW power plant in Uganda
Aug 05, 2015 (LBO) – Sri Lankan private power producer Vidullanka, through its subsidiary Muvumbe Hydro, has entered into an agreement with the government of Uganda to develop a power plant in Uganda. The power plant with a capacity of 6.5MW will start selling power to the government for a period of 20 years upon […]
Sri Lanka CEB to
July 16, 2015 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board (CEB) has given approval to purchase a 60MegaWatt barge mounted power plant for 571 million yen (641 million rupees). The agreement on purchasing of electricity from the power plant has expired on 30th of June 2015. The proposal to purchase the plant has been […]
Sri Lanka to develop national transmission network with USD200mn Japanese loan
June 20, 2015 (LBO) – Sri Lanka’s Foreign Minister Mangala Samaraweera and his Japanese counterpart Fumio Kishida on Friday signed an agreement for a project to develop the national transmission and distribution network in the island.The project with a value of 200 million US dollars is to be granted under the 45th Yen Loan Package, […]
Sri Lanka’s Power Minister pays double for coal purchase: Udaya Gammanpila
June 16, 2015 (LBO) – Sri Lanka’s Power Minister is currently paying almost double for the purchase of coal at current world prices, Western Provincial Councilor Udaya Gammanpila charged.Gammanpila, who broke away from the JHU at the last Presidential election, accuses his former ally Champika Ranawaka for intervening an alleged tender deal saying it is a mega deal. According […]
Sri Lanka to reduce its carbon foot print in energy production by switching to gas
June 11, 2015 (LBO) – Power and Energy Minister says Sri Lanka will stop using fuel based power plants and convert to natural gas in future to reduce the Island’s carbon foot print.“We have recently retired; high pollution and high cost fuel based power stations totaling 220MW,” “And are in the process of switching another 655 […]