Sri Lanka electricity demand grows 9-pct in September
ECONOMYNEXT – Sri Lanka’s power demand grew 9.0 percent from a year earlier to 1,197 GigaWatt hours (millions of units) in September 2016, faster than the 5.7 percent seen in September last year.
In the nine months to September power generation grew 8.1 percent to 10,572 GWh, compared to 5.7 percent in 2015.
Power demand is a proxy for economic activity in Sri Lanka.
In September, hydro power generation was down 38 percent to 172 GWh. Coal power was up 110 percent to 539GWh, and fuel oil was up 18 percent to 213 GWh.
Sri Lanka experienced lower rainfall in 2016 with droughts also hitting agriculture.
Private renewable energy, which mainly based on mini-hydro plants, also fell 25 percent to 103GWh. (Colombo/Nov29/2016)