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Sunday, 12 June 2011

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More projects from Hydro Power Free Lanka

Two more hydropower projects now under construction by Hydro Power Free Lanka PLC (HPFL), a subsidiary of Free Lanka Capital Holdings will supply around two mw to the national grid on completion. The projects are at Thebuwana at Kuruwita and at Stellenberg at Gampola.

The company has obtained BOI and other relevant approvals for these projects, which are scheduled to be completed by mid next year after which the power produced by them will be purchased by the government. Construction work began in January this year.

A company spokesman said that the power purchase agreement has been signed with the Ceylon Electricity Board (CEB) for a period of 20 years.

With the expansion of the hydropower projects HPFL has formed three subsidiary companies to manage and operate them.

One of the subsidiaries, HPFL 2 owns the Thebuwana project and the Stellenberg project is owned by HPFL 3. The third subsidiary, Free Lanka Power 1 (Pvt) Ltd owns two mini hydropower projects - Halgran Oya I & II. HPFL is already supplying 3.2 Mw to the national grid from its Sanquhar and Delta Plant.

 

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