Sri Lanka to set up 400KW biomass power project in southern province
Sri Lanka’s Minister of Power Dullas Alahapperuma has reportedly stated that the proposed project that is scheduled to be operational by October this year will utilize 50 tonnes of waste on a daily basis and add 400 KW to the national grid.
The Minister has made this observation during an inspection tour to the site of the construction of the project.
The project is implemented jointly by the Matara Municipal Council and Sri Lanka’s Central Environmental Authority (CEA), with the latter issuing the environmental license for the project.
The investment for the construction of the project is Rs. 64 million and Sri Lanka’s state owned power utility, the Ceylon Electricity Board (CEB) will purchase the power that is eventually generated.
Alahapperuma has also stated that the government intends to implement the process of generating power through biomass at a district level.
Meanwhile, a project to generate power using waste is to commence in Hendala in the Western province from February.
Sri Lankan authorities are focussed on developing and promoting renewable energy generation sector. Given the looming power crisis in Sri Lanka due to the constantly growing demand for power, the business/investment opportunities in Sri Lanka’s power sector are continuously expanding. The government of Sri Lanka is also looking at increasing the renewable energy sector to around 80 percent of the country’s power mix. Foreign businesses/investors could therefore explore business opportunities in Sri Lanka’s power sector. After all, Sri Lanka is fast becoming a business hub in the South Asian region.
|Article Code :||VBS/AT/20210217/Z_1|