Sri Lanka Electric Power Bureau is about to conduct a global procurement tender for several power plants

Sri Lanka Electric Power Bureau is about to conduct a global procurement tender for several power plants

Sri Lanka Electric Power Bureau

Sri Lanka will hold a number of power plants for global procurement tender. These power plants as the next two to five years to supplement the power to support the national grid.

Electric and Renewable Energy Minister B.M.S. Batagoda said the main reason for purchasing power plants is to avoid possible power failures in the current drought situation. "The cabinet has approved the purchase of power plants," he added.

Batagoda noted that the state grid continued to be deprived of 300 megawatts of electricity due to a failure of a unit in the Lakvijaya coal plant. At the same time, a sharp decline in hydropower station water level means that Sri Lanka Electric Power Bureau needs to balance the national grid.

Therefore, next week will be bidding for a number of power plants, including a 100 MW land-based heavy power plant and a 100 MW barge-type heavy power plant. In addition, Sri Lanka Electricity Bureau intends to purchase four 24-megawatt heavy-duty power plants. Solar and wind power plants are also being purchased. Next week will be a solar power plant, which contains 80 1 MW of solar generators and another 10 MW of solar power plants.

The government will also set up two solar parks and two wind farms, each with a capacity of 100 megawatts.

"All power plants will be procured as an independent power producer and the government will purchase electricity at a price of Rs 25-27 per unit, which is the same unit price for independent power producers that have already generated power for the national grid," Batagoda added.

"All the power plants are only in short-term purchases." Batagoda said: "We intend to eliminate all of these plants in two to five years." He stressed that once a large 500 MW of India and Japan liquefied natural gas power plants, as well as solar and wind power And the power plants are no longer needed.

Batagoda said the drought caused the use of diesel power plants put into operation led to the government suffered a staggering loss of Rs 520 crore. "We have asked the Treasury to allocate Rs 31 crore to make up for losses and 6 billion rupees," Batagoda said. "The Ministry of Finance has asked the Sri Lanka Electricity Authority to submit a monthly audit report and agreed to pay the remaining funds after reviewing these reports.

However, Batagoda said that due to the impact of persistent drought, it is expected in the next few months will need to spend an additional Rs 9 billion for power generation.