Power projects boost national economy
The commissioning of the Kerawalapitiya, Norochcholai and Upper
Kotmale power projects, will reduce electricity charges on the long run
and will be a huge boost to the national economy.
Speaking to Daily News Business President of the Federation of
Chamber of Commerce and Industries of Sri Lanka (FCCISL) Kosala
Wickramanayake said the fast commissioning of the Kerawalapitiya thermal
power station is a positive move in the local power sector.
“Sri Lanka needs this type of alternative power source to meet the
energy demand in the country. As the business community, we are happy
about the Government initiative to set up thermal power station and
adding extra 200 MW to the national grid through its first phase.
However the country needs to focus on the cost of energy generated
through these sources and reducing electricity tariff in the country,”
“Power sector reforms are vital for national economic development.
Industries and consumers need reliable power supply at affordable
prices. Uninterrupted power supply for affordable prices will help local
industrialists to compete in the international arena,” he said.
“It is highly commendable that the Government was able to embark on
mega power projects such as the coal power plant in Norochcholai and
Upper Kotmale projects, which will be a huge boost to the national
economy. The country also needs to pay attention to other renewable
energy alternatives such as wind and solar power,” he said.
Managing Director of the Samson Rajarata Tiles Dr Bandula Perera said
the ceramic industry has consumed a large amount of electricity for its
“As an industry we are pleased about the Government decision on
setting up thermal power station in Kerawalapitiya and implementing the
“We know that commissioning of the new power plant will not reduce
electricity charges overnight. However it will take time to reduce
electricity charges through these types of projects. Our industry could
benefit in the long run due to these power projects,” he said.
Cement is another industry which consumes a large amount of energy.
CEO of Holcim Lanka Peter Spirig said the opening of the new thermal
power station is an excellent move.
“We need to increase electricity capacity in the country and increase
the quality of the power sector. We also expect electricity charges will
be reduced and blackouts will cease through these projects, he said.
Researcher of the Institute of Policy Studies Deshan de Mel said
there is a 6% to 7% annual energy demand in the country. This is higher
than the country’s GDP growth. Projects such as Kerawalapitiya thermal
power station will provide solutions to the energy crisis in the short
term. The total capacity of the Kerawalapitiya thermal power station is
300 MW and under the completion of the first phase of the project it
will provide 200 MW of electricity generation.