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Annual 6-7 percent growth in demand for power:

Energy sector needs $ 250m to 300m annually

There is a 6-7 percent annual growth in the demand for power in the country and forty one percent of the electricity is generated from renewable energy sources, said an Independent Energy Consultant Dr. Tilak Siyambalapitiya.

The energy sector needs USD $ 250-300 million investment annually for new capacity building projects, he said.

Large hydro power plants were developed by the Government and operated by the Ceylon Electricity Board. A total of 1,200 MWs hydropower capacity was generated through these plants, he said.

The Government opened up the power sector to the private sector and 85 different power plants were developed by the private sector generating a 160 MW capacity.

In the mini hydro sector nearly 5 percent is provided by the private sector, he said.

The Upper Kotmale power plant with a capacity of 150 MW is under construction together with four other power generating sources namely Uma Oya, Moragalla Oya, Ginganga and Broadland projects.

Hydro capacity is limited to 50 such sites available and another 25-30 power plants are under various stages of development. Additional potential of small hydro power plants are possible around 100 locations yet to be developed. A mechanism is needed to develop these projects, he said.

Wind energy potential is unlimited and four projects in the Puttalam district are under construction. There is significant interest in Bio-Mass and two power plants are in operation at Trincomalee and Polonnaruwa. A great deal of enthusiasm is shown in municipal waste without much success on generating power, he said.

The country needs to focus on economically viable solar power. It is important to ensure power at a reasonable cost, he said.

The price offered for renewable energy is not at a sustainable level and the Government needs to re-assess the price structure. We also need to rationalize our customer price structure and subsides should be more focused, he said.

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