Category: Power
Sri Lanka coal power plant on full load
Feb 19, 2011 (LBO) – Sri Lanka has run a Chinese built 300 MegaWatt power plant fully on coal with a full load connected to the national power supply on Friday night for the first time as part of its testing regime officials said. The power plant started tests in September initially using diesel and […]
Sri Lanka India coal project hit by legal queries: report
Feb 18, 2011 (LBO) – A state joint venture coal power plant between India and Sri Lanka which has been negotiated for several years has been hit by further delays following legal queries from the island nation, a media report said. India’s National Thermal Power Corporation and Sri Lanka’s Ceylon Electricity Board has been talking […]
Sri Lanka rural power gets ADB financing
Jan 29, 2011 (LBO) – Sri Lanka’s power utility will get a 120 million US dollars loan from the Asian Development Bank to expand its distribution network to rural areas which are not served by the grid, the lender has said. The government will put in 42 million US dollars for the project which will […]
Sri Lanka to sell pre-paid power: minister
Jan 13, 2011 (LBO) – Sri Lanka’s state run power utility, Ceylon Electricity Board is planning to sell electricity under a pre-paid tariff system, power minister Champika Ranawaka said. This will be a pre-paid system just like with the mobile phones,” minister Ranawaka told reporters. We will have to study it and introduce it within […]
Sri Lanka gas distributor invests Rs500mn in mini-hydro
Jan 06, 2011 (LBO) – Sri Lankan liquid petroleum gas distributor Laugfs Gas plans to invest 500 million rupees in a mini-hydro power project, a stock exchange filing said. The project will be done by a fully-owned company subsidiary called Laugfs Power and will be its first mini-hydro power project. Construction work on the Ranmudu […]
Sri Lanka hydro electricity firm in power purchase deal
Dec 30, 2010 (LBO) – Hydro Power Free Lanka (HPFL) has entered into agreements with Sri Lanka’s state power utility and investment promotion agency to sell power and get tax concessions, according to a stock exchange filing. Its subsidiaries, Hydro Power Free Lanka 2 and Hydro Power Free Lanka 3, have begun building two min-hydro […]
Sri Lanka hotels, industry to face higher power tariffs
Dec 16, 2010 (LBO) – Sri Lanka’s industries and hotels will face sharply higher power costs of around 25 to 100 percent under new tariffs proposed for 2011, industry representatives told a public hearing called by the regulator. Sri Lanka’s industry has been getting subsidized power, though most of the subsidies went to domestic users […]
Sri Lanka to protect Buddhism with low power tariffs
Dec 15, 2010 (LBO) – Sri Lanka has further cut tariffs to places of worship in proposed new rates for 2010 to protect Buddhism, which was an obligation of the state, power ministry secretary M M Ferdinando said. Under proposed tariffs for 2011 the lowest tariffs for religious establishments would go down from 2. 50 […]
Sri Lanka power utility cuts losses with rain
Dec 15, 2010 (LBO) – Sri Lanka’s state run Ceylon Electricity Board has turned a small profit in the three months from June to August helped by heavy rainfall, which has allowed the utility to maximize hydro generation, according to power ministry data. The utility has made profits of 772 million rupees in the three […]
Sri Lanka power ministry defends new tariffs
Dec 15, 2010 (LBO) – Sri Lanka’s power ministry has defended new subsidies to state entities in tariffs proposed by the regulator for 2010 and rejected concerns that the move increased the opacity of government fiscal operations. The ministry says offices such as government agents give essential services to the public and cannot afford the […]
‘s top hydro reservoir starts to spill
Dec 04, 2010 (LBO) – Sri Lanka’s Victoria reservoir in the Mahaweli river started to spill Saturday for the first time since 2006 amid heavy rains lashing the island, raising the possibility that downstream reservoirs may also spill. Water then flows to Randenigala lower in the cascade. The reservoir is about three meters below. It […]
Sri Lanka renewable tariffs: waste, dendro, wind most expensive
Dec 03, 2010 (LBO) – Sri Lanka’s new tariffs for renewable energy show that dendro (wood) would be more expensive than wind and municipal waste heat would be paid the highest tariff, displacing wind as the most expensive source. New tariffs released by the Public Utilities Commission in November 2010 say that municipal waste fired […]
