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Sri Lanka electricity generation grows double digits in 1Q 2016

Jul 17, 2016 06:00 AM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Sri Lanka's power generation rose 10.4 percent to 2,438 GigaWatt hours in the first quarter of 2016 from a year earlier, amid a heatwave accelerating from mid-single-digit expansion seen in recent years.

The growth came despite some power outages, as a coal plant failed.

February saw the biggest surge with generation growing by 13.1 percent or 125 GWh, to 1,082GWh from a year earlier.

Generation grew 103 GWh or 9.9 percent in January and 8.6 percent or 96GWh from a year earlier in March.

Sri Lanka saw unusually hot weather in the first quarter of 2016, which increases demand for air-conditioning.

Electricity sales to industry also rose 8.4 percent (73GWh) to 934GWh in the first quarter.