NTPC, CEB partner for second coal power plant | Daily News

NTPC, CEB partner for second coal power plant

Arindam Bagchi

The National Thermal Power Corporation Ltd.(NTPC), India and Ceylon Electricity Board (CEB) will set up the second coal based power plant in Sri Lanka, Deputy Indian High Commissioner, Arindam Bagchi said.

Speaking at the preview event held in Colombo for the Elecrama Electricity Forum 2016, held from February 13 to 17 in Bengaluru, India he said India looks forward to a deeper level of economic cooperation with Sri Lanka and efforts are being made by the both governments in this regard. Elecrama 2016 is considered as the biggest showcase in the world of electricity. The event will bring together the complete spectrum of solutions that powers the planet.

Bagchi also invited Sri Lankan companies to be part of 'Make in India' initiative, launched by Prime Minister Narendra Modi.

He said he understands the constraints in terms of the size of industries in Sri Lanka but requested the Sri Lankan corporate sector to grab numerous opportunities in power generation and distribution sector in the region.

He also requested Sri Lankan companies to send high- powered business delegations for upcoming Indian trade and investment events to create business links with the Indian trade partners.

Power and Renewable Energy Deputy Minister Ajith P. Perera said Sri Lanka has embarked on the challenging task of moving away from fossil fuel - based industries towards renewable energy.

Sri Lanka is in the process of revising its long -term power generation plans in line with the national and global needs, Minister said adding that Sri Lanka is one of the best examples of using renewable energy with an extensive network of hydro power plants, but the country has many more goals to achieve in this sector. Sri Lanka is planning to increase the share of electricity generation from renewable energy sources from 50% in 2014 to 60% by 2020 .

Sri Lanka has already achieved a grid connectivity of 98% which is commendable by South Asian standards. Current total installed power generation capacity of the country is approximately 4,050 MW , consisting of 900 MW of coal power, 1,335 MW of oil burning thermal power, 1,375 MW of hydro power and 442 MW of non-conventional renewable energy sources such as wind, mini hydro, bio-mass and solar power plants. 

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