$ 3000 per capita income stimulus for growth:
Council to power engineering sector
The second phase of the 900 MW Norochcholai coal power project is
currently in progress and work on the project will be completed as
scheduled by 2014, said Power and Energy Minister Patali Champika
Ranawaka addressing the 5th Power Sri Lanka 2011 International Expo.
He said that the coal power plant is a huge leap forward in the
country’s energy sector which is geared to provide electricity to all
households within the next couple of years. The first phase of the
Norochcholai power plant was commissioned this year adding 300 MW to the
national grid which is around 17 percent of the consumer requirement.
The country uses around 28 GW hours of power daily which is met by
thermal and hydro power. Around 60 percent of the country’s energy
requirement is met by thermal power.
On completion of the second phase of the coal power project 600 MW
will be added to the national grid. The mega power project is funded by
the Chinese Government providing US$ 455 million and Rs. 300 million by
the Sri Lankan government.
“Cabinet approval has been obtained to set up an engineering council
which will help regulate the engineering sector which plays a key role
on the country’s power and energy sector”, Minister Ranawaka said.
He said that Sri Lanka is in the threshold of reaching US$ 3,000 per
capita income which would be a huge stimulus for the growth of the
energy sector. Sound planning with uncompromised commitment is essential
to accelerate economic growth.
“The world is currently experiencing a fossil fuel peak which is
detrimental to the safety of the planet. Dependence on fossil fuel
should be reduced by following the Triple E Concept of energy, economy
and environment to protect future generations”, Minister Ranawaka said.
Natural calamities across the globe are on the rise due to
environmental destruction. Industrialised countries which are
responsible for more carbon emission are urged to slash emission rate to
protect the environment.Minister Ranawaka said that new products and
services should help improve the living standard of people and
contribute to sustainable development.
The three-day power sector exhibition at the Sri Lanka Exhibition and
Convention Centre organised by CEMS USA and CEMS India concluded