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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka plans 500MW coal plant in South West

Sri Lanka plans 500MW coal plant in South West

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CSE.SAS

CSE.SAS
Global Moderator
Mar 21, 2013 (LBO) - 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.

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.

Another two 300MW plants are being built in Puttlama now.
http://lbo.lk/fullstory.php?nid=92596143

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Wow. What a wonderful location to build a coal station..!!!

I just wondering these planning officers have any brain at all?

Why they cant advise to build this in Hambantota towards Kataragama side.

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