The Public Utilities Commission of Sri Lanka (PUCSL), today approved the power purchase agreement to build 300 MW Kerawalapitiya Liquid Natural Gas (LNG) power plant.
The power purchase agreement will be signed by the Ceylon Electricity Board (CEB) and Lakdhanavi (Pvt) Ltd.
"The 300 MW power purchase agreement from Kerawalapitiya LNG approved by the PUCSL, will be implemented with conditions more favourable to the electricity consumer, CEB and the government.
The PUCSL recommended the inclusion of 18 amendments which were not included in the previous power purchase agreement submitted for approval, and CEB and Lakdanavi have agreed to include those favourable terms," the PUCSL Chairman Tanaka Ratnayake said.
He said the agreement was approved by the PUCSL is more favourable to the consumers, the Government and the CEB.
"The CEB will purchase electricity for 20 years under this agreement. The unit price of electricity supplied by this power plant is Rs. 14.98. Both diesel and LNG fuel can be used to generate electricity, and the initial phase of generation will be continued with diesel until LNG or natural gas supply is channelled," he said.
Michael Ranasinghe Monday, 15 February 2021 06:35 PM
Whoa ... this is the new " Independent " PUCSL I believe .. Way to go way to go . . You guys are excellent in taking this already ruined country to the next level of destruction
Dee Monday, 15 February 2021 07:21 PM
What happened to renewable energy and green energy? All talk and limited to manifesto. Mafia rules!
Add commentComments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
In order to critically discuss a movement, we must first understand its etymo
Many battles were fought during the long war between the Sri Lankan armed for
When can one say they’ve had enough of being in a state of ‘wokeness’ a
Members of a dozen Sri Lankan Tamil families gathered in the evening at the r
20 Mar 2023 - 3 - 767
18 Mar 2023 - 2 - 941
18 Mar 2023 - 0 - 639
18 Mar 2023 - 0 - 813
Name - Reply Comment