Asia Hydropower to build US $ 18 m plant in Getambe
Hemanthi GURUGE
Asia Hydropower Generations (Pvt) Ltd has signed an agreement with
the Board of Investment of Sri Lanka to set up the largest private
sector mini hydropower plant in the country with an investment of US $
18 million.
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The
proposed plant in Getambe |
Asia Hydropower Generations CEO Rohan Wijesundara told Daily News
Business that the mini hydropower plant would have a capacity to produce
10 megawatts of electricity.
The project aims to add this 10 mw to the national power grid from
2013.
The concentrated mini hydropower project has already commenced
construction in Getambe in Kandy. The new construction will generate
around 100 jobs during construction.
There are numerous benefits provided by hydropower over other energy
sources. It doesn't produce air pollution or create toxic by-products
like power plants that burn fossil fuels such as coal or natural gas.
Hydropower can meet changing demands because it can go from zero
power to maximum output rapidly and predictably. Hydroelectric power
stems from the process of using water's energy . It has a low operating
cost once installed and can be highly automated.
"With steady economic growth, the demand for energy is of paramount
importance especially for a developing country like Sri Lanka. The
National Energy Policy and Strategies of Sri Lanka places renewable
energy development as a high priority and considers it to be one among
the nine main policy elements.
This policy paper which is now being reviewed is likely to further
strengthen the policy focus on renewable energy development.
It is envisaged the present 10% level of renewable energy component
of the electricity generation would increase upto 20% by 2015.
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