India to build 50MW solar power plant in Sri Lanka
May 02, 2017 16:37 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - India will be allowed to build a 50MegaWatt solar power plant in Sri Lanka's eastern Trincomalee district, where plans for a 500MW coal plant was scrapped by the island's current administration.
Under a memorandum signed during the visit of Prime Minister Ranil Wickramasinghe to India, Sri Lanka is expected to issue a letter of intent to India by end-May for a 50MW solar plant, Colombo-based newspaper The Sunday Times said. The plant would be expandable to 100MW.
There was no mention of the price to be paid per unit of power bought by the Ceylon Electricity Board.
The coal plant, which was initiated during the ousted Rajapaksa administration, was delayed due to an abnormally high heat rate, to which CEB engineers objected.
But with the current administration scrapping coal plants, the CEB and power consumers are going to be saddled with more expensive fuels. (Colombo/May02/2017)