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Sri Lankan government looking at barge mounted power to cover capacity shortfalls

Sri Lankan government looking at barge mounted power to cover capacity shortfalls

The Power Ministry of Sri Lanka is reportedly holding discussions to set up around 500 MegaWatts of barge mounted power to cover capacity shortfalls.
Sri Lanka’s Power Minister Ravi Karunanayake has made this observation in parliament recently.
“We are in talks for supplementary purchase of 500 to 600 MW of barge mounted power,” Karunanayake has told parliament.
“Technical details we are still receiving. We will be able to tell more next week.”
Sri Lanka was in talks with Turkey for a ‘government-to-government’ deal, the Minister has been quoted in the local media as saying.
“Turkey is very happy to provide power, government-to-government,” he has added.
According to reports, Turkey has companies like Karpoweship, which has large self-propelled power ships.

OSL take:

The ongoing power crisis in Sri Lanka has created many business/investment opportunities in Sri Lanka’s power and energy sector. Foreign businesses/investors involved in the power sector could explore opportunities in Sri Lanka’s power and energy sector.

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Article Code : VBS/AT/09042019/Z_4

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