Category: Power

Aug 07, 2010 (LBO) – Sri Lanka’s Sunshine Holdings said it has struck a deal to supply hydro power and is refurbishing company estate bungalows to accommodate tourists. The group’s net profit for the June 2010 quarter rose 51 percent to 116 million rupees from a year ago with sales up 24 percent to 2. […]

July 30, 2010 (LBO) – The Sri Lankan government has decided to change its coal-based power generation plan and not go for more coal plants and instead shift towards renewable energy, power minister Patali Ranawaka said. The previous generation plan envisaged adding about 200 megawatts a year of coal based power plants, he said. A […]

July 29, 2010 (LBO) – Sri Lanka is giving top priority to cutting high costs of running thermal power plants, encouraging energy conservation measures and shifting to renewable energy sources, minister of power and energy Champika Ranawaka said. “Our short-term plan is to convert high-cost thermal power plants using diesel and heavy fuels into low-cost […]

July 29, 2010 (LBO) – Sri Lanka’s Hemas Power said net profit for the June 2010 quarter shot up 967 percent to 80 million rupees from a year ago on a sharp increase in earnings from hydropower. Sales of the company, a unit of the Hemas Holdings group, fell five percent to 729 million rupees […]

July 06, 2010 (LBO) – Sri Lanka intends to tap its geo-thermal energy potential and is reviewing its power generation plan to give more emphasis to renewable energy sources, the island’s power minister said. Minister of Power and Energy Patali Champika Ranawaka said government geologists have identified sites with potential to generate geo-thermal energy. “Geo-thermal […]

July 06, 2010 (LBO) – Sri Lanka and India are having talks on exchanging power to help meet demand during peak times, with the island expecting an energy surplus and no more power cuts, an official said. “It’s like a flower opening. When all these infrastructure projects come into operation there will be a quantitative […]

July 03, 2010 (LBO) – Sri Lanka’s state-run power utility the Ceylon Electricity Board has begun raids on homes and businesses illegally tapping power from its grid, the power and energy ministry said in a statement. The ministry statement said the CEB earned Rs14mn through fines and arrears from power pirates after the raids in […]

July 02, 2010 (LBO) – The Sri Lankan government is to have energy audits for all state organisations in an efforts to save electricity and minimise wastage, a senior official said. Kithsiri Dissanaike, chairman of the Sustainable Energy Authority, said an awareness campaign for school children as well as industries is also being done to […]

July 01, 2010 (LBO) – Sri Lanka’s state-run electricity utility will form a separate company to set up wind power plants, Minister of Power and Energy Patali Champika Ranawaka said. New coal-based power plants are being built or planned along with a few more hydro-power plants as most hydro-power potential has been exhausted. There is […]

June 17, 2010 (LBO) – Sri Lanka’s power generation in the first quarter of 2010 has increased 9. 2 percent from a year earlier, with a larger proportion coming from cheaper hydro power amid exceptionally wet weather, official data showed. Private sector operators generated 1,105GWh, down 7.1 percent. Short term or emergency producers operating mainly […]

June 14, 2010 (LBO) – Sri Lanka’s Hemas Power is building another hydropower plant, raising generation capacity to 24 Giga Watt hours (millions of units) of energy a year from hydro plants which it plans to expand in preference to fossil-fuel power. Hemas also has a joint-venture company called Heladhanavi which generates thermal power and […]

June 12, 2010 (LBO) – Sri Lanka has warned private power producers that it could go against deals signed to sell power to a state-run power distributor with the government getting into a new drive to cut the utilities losses. Though the plants are governed by tight and complex agreements minister Ranawaka says the government […]