Category: Power

Oct 20, 2010 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has awarded a 35MegaWatt 82 million US dollar hydro power plant deal to China, power minister Champika Ranawaka said. Another smaller diversion weir 48 meters long and 19 meters high will be built across the Kehelgamu Oya and water brought through an 850 meter […]

Oct 20, 2010 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board may lose only half the originally expected 40 billion rupees in 2010 with the utility already covering operation costs in June, July and August, power minister Champika Ranawaka said. A 155 billion rupee loan taken from China Export Import Bank to build a 900 […]

Sept 29, 2010 (LBO) – Hydro Power Free Lanka, a mini-hydro power firm which has a generating capacity of 3.2 MegaWatts is selling 35 million shares to raise 350 million rupees to build more plants, the Colombo Stock Exchange and officials said. The firm operates two 1.6 MegaWatt plant in the Gampola area in Sri […]

Sept 28, 2010 (LBO) – Sri Lanka has begun a study to build a nuclear power plant to meet growing electricity demand and is in talks with Russia and other countries to get technology and training, an official said. “We’re considering nuclear power as an option in our long-term generation plan for 2025,” power and […]

Sept 06, 2010 (LBO) – Tilak Siyambalapitiya, an expert of power has responded to a recent Lanka Business Online story on a solar power project by a financial sector firm, explaining the economics of solar power. The response is reproduced below. I write with reference to your recent news item on Solar Supplement. I am […]

Sept 03, 2010 (LBO) – A starting date for a joint venture India Sri Lanka coal power station has still not been set, but it will be last coal plant that the government will approve, Sri Lanka’s energy minister Patali Ranawaka said. “It is in the feasibility study stage,” he said. Minister Ranawaka said there […]

Sept 03, 2010 (LBO) – Sri Lanka’s LOLC group has bought into a wood fired or dendro power plant which is expected to be commissioned and connected to the national power grid in late 2011 and was also investing in 14 mini-hydro plants. LOLC said it had acquired a 75 percent state in United Dendro […]

Sept 02, 2010 (LBO) – Sri Lanka’s LOLC financial group commissioned a 48 kiloWatt solar power array that will supply 15 percent of energy needs at its head office in Colombo, reducing its ‘carbon footprint’, officials said. The LOLC head office uses about 50,000 units (kilowatt hours) of energy a month. The firm already had […]

Aug 28, 2010 (LBO) – Sri Lanka’s power output rose 8. 9 percent in the first half of 2010 from a year earlier, in a more active economy, official data showed, with larger volumes of cheaper hydro energy being generated. State run Ceylon Electricity Board had generated 5,215 GigaWatt hours of energy (millions of units […]

Aug 14, 2010 (LBO) – Premature cancellation of projects and complex and lengthy approval procedures are retarding the development of renewable energy like mini-hydro power in Sri Lanka, an official said. “The government has set up the SEA which is now helping us to overcome problems and trying to streamline the process of granting approvals. […]

Aug 12, 2010 (LBO) – An Indian investor is to invest 18. 55 million US dollars to build a 10 mega watt wind power plant in north-western Sri Lanka, the island’s investment promotion agency said. The Board of Investment said it granted investment approval to Powergen Lanka to set up the wind power plant in […]

Aug 09, 2010 (LBO) – An energy efficiency initiative by Sri Lankan hotels is helping them to reduce costs and attract special interest visitors, an official said. “Through it we expect to develop a combined approach to improve energy conservation activities in our hotels,” Deheragoda said. Krishan Deheragoda, former chairman of the Sri Lanka Sustainable […]