Category: Power

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 […]

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 […]