Mackwoods Energy signs power purchase agreement with CEB

Tuesday, 15 September 2015 00:58 - - {{hitsCtrl.values.hits}}

Mackwoods Energy signed a power purchase agreement with the Ceylon Electricity Board for connecting the Tudugala Mini Hydro Project to the National Grid. The plant is now under construction and is intended to be connected to the grid shortly where the power generated will be directly supplied to CEB.

Mackwoods Energy awaits CEB final approval of seven more projects and intends supplying approximately an additional 6 MW in the near future of Hydro and 1 MW of Solar. Further several project proposals have been submitted and feasibilities are ongoing for an additional 30 MW of power which is expected to be supplied to the national grid subject to approval by the CEB.

Mackwoods Energy main focus is the development of Non Conventional Renewable Energy (NCRE) through use of sustainable renewable energy sources such as hydro, solar, wind, biomass, biogas, hydrokinetic and municipal waste to energy conversion including net metering and conducts energy audits for conservation of energy at industrial and institutional level. Mackwoods has the distinction of being the first company to do net metering of a mini hydro at Labookellie Estate Tea Factory in Nuwara Eliya thus it is expected to qualifying for Global Green Funds.

As a power solutions provider, Mackwoods Energy has undertaken numerous assignments successfully and is firmly committed to achieving excellence in all spheres of activity. Several non conventional renewable energy solutions has been initiated for industries such as telecommunications, marine, air conditioning and refrigeration with trials are being conducted on solar power generators and solar air conditioning.

Mackwoods Energy’s reputation has been built on years of providing power solutions to key industries such as Plantations, Telecommunications, Hotels, IT, Hospitals, Educational Institutes, Condominiums, Defence Forces, Construction Sector, Ports, Food and Pharmaceutical Industries to name a few and extends a 24 hour x 7 days of the week rapid response breakdown service to all its customers island wide.

Mackwoods Energy is a member of the Mackwoods Group of Companies. Mackwoods having being established in 1841 has the distinction of being the second oldest Mercantile Company in Sri Lanka. The Mackwoods Group is a conglomerate of several companies engaged in Healthcare, Agribusiness and Plantations, Industry, Manufacturing, ICT and Software Development, Real Estate, Import and Export Trading, Hotels and Tourism, Stock Brokering, Insurance Brokering and Financial Services with over 170 years of experience in the business arena. The Mackwoods name is synonymous with integrity, stability and diversity, both locally and internationally with a well balanced and diversified portfolio of investments in Group enterprises.