Saturday, March 30, 2013

Sri Lanka plans 500MW coal plant in South West

Sri Lanka state-run Ceylon Electricity Board is planning a 500 MegaWatt eco-friendly coal plant in Ahuruwella, Induruwa in the southwest coast, the island's power ministry said.

Another two 300MW plants are being built in Puttlama now. A power ministry statement quoted power minister Pavithradevi Wanniarachchi as saying that the plant would use eco-friendly technology and funding is expected from Japan. 

Industry sources say funding has been requested from Japan but no decision has been made. 

Japan had earlier funded a study on natural gas fired plants. Natural gas prices had fallen in recent years due to new 'fracking' technology from the US. 

Japan had expressed willingness to fund a coal plant in Puttalam about a decade ago but the plant was delayed amid protests and a 300MW plant was later built with Chinese finance and technology in the location.