3 June 2019 09:55 am
Vidullanka PLC in its latest announcement to the Colombo Stock Exchange disclosed the successful completion and commissioning of the development of the 3.3MW Dehiattakandiya Dendro power plant to the national grid on May 30, 2019, through its joint venture company, Vidul Biomass (Pvt.) Ltd.
The project is a Rs.1.45 billion investment jointly undertaken by Vidullanka and OC Energy Lanka (Pvt.) Ltd, a fully-owned subsidiary of the Japanese construction giant, Obayashi Corporation. The investment in Vidul Biomass (Pvt.) Limited is the first of its kind for the Japanese conglomerate in Sri Lanka.
With the newest addition of 3.3MW plant, the gross installed capacity operated by Vidullanka would increase up to 29MW and once commissioned, the power plant is expected to supply 22.0GWh of annual energy to the national grid.
Vidul Biomass CEO Chamil Silva, who is also the resident of the Bio Energy Association Sri Lanka, added that the only sustainably grown gliricidia will be used in generating electricity by Vidul Biomass, which is sourced mainly via its sister company, Vidul Plantation (Pvt.) Ltd.
Apart from supplying environmentally friendly electricity, the project has also uplifted the livelihood of the community by means of providing employment opportunities, increasing incomes of the farming populations through Gliricidia growing programmes, etc. with the expected total direct and indirect employment generation exceeding 600.
Silva further added that by promoting bioenergy/dendro power in the country, the national electricity grid receives firm power with the similar properties of the existing thermal generation and thus lowering the government investments in establishment of similar generating plants.
Thus, the government should provide the necessary support for the implementation of similar dendro power projects, which are in the pipeline amounting to approximately 100 MW within the next four years, where it positively impacts the country’s long-term energy security as well as the balance of payment, thus uplifting the overall economy of the country.
The Dehiattakandiya Dendro power plant is the very first power plant developed by Vidullanka other than using hydro sources, after having developed more than 10 hydropower plants in Sri Lanka as well as in Uganda. Inclusion of the biomass power plant to the exiting project portfolio will enable Vidullanka to mitigate the effect of weather would have on the overall performance of the group.
In addition to the Dendro power plant commissioned, Vidullanka is on track to commence the construction of Bukinda SHPP with an installed capacity of 6.5MW in Uganda and a number of solar rooftop projects during the latter part of the year.
Going forward, Vidullanka aims to forge strong partnerships and grasp emerging opportunities in the renewable energy arena internationally whilst contributing positively for a greener tomorrow.