Thursday 31 March 2016

Sri Lanka in talks with Japan for 1200MW cleaner coal plant

ECONOMYNEXT - Sri Lanka is in talks with Japan to finance and build a 1,200 MegaWatt coal ireed power plant in Trincomalee in the north east of the island, a media report said.

Sri Lanka's Daily Mirror newspaper quoted Power Minister Ranjith Siyambalapitya as saying that Japan International Co-operation Agency has expressed willingness to finance the project.

CEB it its most recent long term generation report said the Japanese funded plant would be a high efficiency eco-friendly coal plant.

A pre-feasibility had already been completed New Energy and Industrial Technology Development Organization (NEDO) and Electric Power Development Co., Ltd (J-POWER) of Japan.

Sri Lanka built a 900MW coal plant in Norochcholai with Chinese finance. Though the plant has given some problems and is not the cleanest, it has kept the country supplied and also reduced costs.

Minister Siyambalapitiya told parliament this month that work on a 500MW coal plant with India's National Thermal Power Corporation will be accelerated.

The project is delayed and it is expected that other plants would now have to substitute for it.

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