Home / Front Page/ Govt. to purchase 100 Mw to avoid power cuts

Govt. to purchase 100 Mw to avoid power cuts

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 5 October 2017 00:30

The Government this week decided to purchase 100 Mw on a short-term basis to avoid possible power cuts due to power shortages brought on by the two-year-long drought. 

The Power and Renewable Energy Ministry is to call for international bids to select power generators to purchase the 100 Mw for a period of six months from October. 

In a statement Power and Renewable Energy Minister Ranjith Siyambalapitiya insisted that the Government was forced to resort to emergency purchasing in this manner due to the prevailing drought conditions affecting the hydroelectric generation capacity of the country. 

“The 100 Mw is being purchased through international competitive bidding to ensure continuous power supply for consumers” he said. 

Further, Siyambalapitiya stated that the unit cost of some gas turbines used for power generation by the CEB during peak hours from 6.30 p.m. to 10.30 p.m. was higher than the unit price paid for the 60 Mw purchased.

Further, he stressed that despite Government regulations to allow the purchasing of power without competitive bidding for emergency purchases, the ministry decided to follow the tender process to ensure transparency. 

Earlier during the year, 60 Mw was purchased through open competitive bidding. According to the Minister, the unit price at which the power was purchased was lower than the prices the CEB has paid for previous purchases. 


Share This Article


Today's Columnists

What is more important? Fixing the Constitution or fixing the economy?

Tuesday, 17 October 2017

The Steering Committee of the Constitutional Assembly has produced an Interim Report on six key issues after 73 sessions between April 2016 and September 2017, without basic consensus among the key partners of political party representatives in the C

Top 10 tourist source markets and marketing of Sri Lanka tourism niches

Tuesday, 17 October 2017

The tourism sector is a significant that contribute to the economy of the country. Sri Lanka received over two million arrivals in 2016. This was 14% increase compared to last year 2015. In the case of foreign exchange earnings, Sri Lanka’s earning

The bond robbery and CB’s reputation: Yahapalana Government should stop playing hide and seek

Monday, 16 October 2017

Immediately after the Treasury bond auction on 27 February 2015, the news of a massive impropriety that had taken place in the auction spread across the market like a wildfire.

Robert Knox, different now?

Monday, 16 October 2017

“At their leisure when their affairs will permit, they commonly meet at places built for strangers and way-faring men to lodge in, in their language called Amblomb, where they sit chewing betel, and looking one upon the other very gravely, solidly

Columnists More