Category: Power
Sri Lanka power plants shut down over fuel snag
Sept 10, 2009 (LBO) – Several power plants supplying Sri Lanka’s national power grid has shut down following problem with furnace oil supplied by state-run Ceylon Petroleum Corporation, power sector officials said. Around 270 MegaWatts of capacity held by independent power producers had been taken off line following a problem that is believed to be […]
Sri Lanka power firm looks for Rs600mn in IPO
Sept 08, 2009 (LBO) – Sri Lanka’s Hemas Power, a unit of listed Hemas Holdings is seeking up to 626 million rupees through a sale of 31.3 million shares to increase investments in renewable energy. The firm is pushing for growth by moving into renewable energy. It already has a 2MW run of the river […]
Sri Lanka Hemas to list power company
Aug 24, 209 (LBO) – Sri Lanka’s Hemas Holdings group said the Colombo stock exchange has approved its application to list a power subsidiary, Hemas Power, on the bourse’s main board. Hemas owns half of the Heladhanavi 100 mega watt thermal power plant and a two mega watt mini-hydro power plant in Kandy in the […]
Sri Lanka power output down in May, diesel sales up
July 24, 2009 (LBO) – Sri Lanka’s electricity generation in May 2009 fell 3.6 percent to 834 million units (GigaWatt hours) from a year earlier, while diesel sales were up 22.2 percent, the latest government data showed.Thermal power generation at state-run Ceylon Electricity Board (CEB) tripled to 243 million units from 81GWh a year earlier […]
Sri Lanka invites bids for coal
July 22, 2009 (LBO) – Sri Lanka has invited bids to supply 2.4 million metric tomes of coal for the country’s first coal power plant built by state-run Ceylon Electricity Board, which is scheduled to be commissioned next year.Lanka Coal Company (Private) Ltd, a specially incorporated company for coal procurement, said in a advertisement in […]
Sri Lanka tries solar power to pump water in remote villages
July 22, 2009 (LBO) – Use of solar power to pump water in remote Sri Lankan villages in a trial project designed by British engineers helps save fuel costs and could be replicated in other rural communities elsewhere, experts said.The project is now specifically used to rapidly re-settle people displaced by the conflict in the […]
Energy-pioneering Austrian town exports its model
GUESSING, July 5, 2009 (AFP) – After 20 years investing in renewable energy, the small Austrian town of Guessing, a model of energy self-sufficiency, is spreading its pioneering technology far and wide. That would cut CO2 emissions in the district by 85 percent, he added. Guessing’s model has also raised interest farther afield and in […]
Sri Lanka gets Chinese loan for coal power expansion
June 30, 2009 (LBO) – Sri Lanka has got Chinese financing to add 600 Mega Watts of coal powered capacity to a generation complex where the first stage is scheduled to be completed next year, a government minister said. The loan will carry an interest rate of only two percent and is repayable over 20 […]
Sri Lanka focuses on clean, low-cost lighting
April 29, 2009 (LBO) – Sri Lanka has set up an energy efficient lighting centre with United States support aimed at promoting clean and low-cost lighting technologies in the south Asian region. “Providing access to electricity is a critical factor in supporting economic development throughout the region,” James Moore, U.S. Embassy Charge d’Affaires, was quoted […]
Sri Lanka power firm finances could improve in May: official
April 29, 2009 (LBO) – The finances of Sri Lanka’s cash-strapped state-run power utility, Ceylon Electricity Board (CEB), could improve in May, a top official said, as dry weather forced it to buy expensive thermal energy, running up debts. The CEB can store 1,200 million units (GigaWatt_hours) worth of water at its reservoirs but it […]
Sri Lanka CEB in trouble due to politicians: minister
April 27, 2009 (LBO) – Sri Lanka’s state-run power utility is in financial trouble because politicians have made wrong decisions, a government minister said as the utility was issued a license by a newly set up regulator. “The Ceylon Electricity Board is in trouble because decision that should have been made by engineers have been […]
Sri Lanka approves electricity improvement project
April 24, 2009 (LBO) – The Sri Lankan government said the Cabinet has approved a foreign aid funded project to expand and improve electricity services, especially to the poor, and support renewable energy. Media minister Anura Yapa said the Asian Development Bank is giving a loan of 164 million dollars for the project with the […]