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Thursday, 17 January 2013

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Hydro power generation nears 80 pc

Hydro power can be utilised to generate almost 80 percent of the country’s electricity demands this year since all hydro reservoirs are filled to capacity following the recent heavy rains, Treasury and Finance and Planning Ministry Secretary Dr P B Jayasundara said.

“As such, diesel plants will be required to produce only 20 percent of electricity, thereby saving a large sum spent on energy,” he said.

Dr Jayasundara said last year, hydro power was used to generate 70 percent of the demand for electricity while fuel was used to produce the balance 30 percent.

The ability to use hydro power to produce electricity as an alternative to fuel would be a great impetus for the development of the country’s economy, he said. Dr Jayasundara said the government’s objective was to provide each and every household with electricity by the end of this year. He said the country’s fuel bill last year had been US $ 5.5million.

 

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