Annual Report 2008 - Ministry of Finance and Planning

5. Foreign Financing of the Budget
201
Upper Kotmale Hydropower Project
A 150 MW Hydro Power Plant is being constructed at
Thalawakele which will add 409 Gw/h annually for the
country’s power generation by diverting the water of
Kotmale Oya at Thalawakele intake dam to a 12.5km length
headrace tunnel and then to the power house which is
located at about 1 km downstream of Pundalu Oya and
Kotmale Oya.
The main civil works and hydro & electro mechanical
works are underway. The power plant is expected to be
commissioned in 2011.
Box 5.1
Development Assistance from Japan Contd.
Layout of the Galle Port
Work in Progress at Diversion Tunnel Area
Galle Port Development Project
The Government of Japan has offered a loan of US $
135 mn to develop the Port of Galle as a regional port by
constructing an outer breakwater to maintain calmness of
the port to facilitate the berth of large vessels and a new
multipurpose terminal to meet the future demand and to
reallocate break bulk cargo handling from the Colombo Port.
The new terminal will help to reduce the waiting time of
the vessels, berth occupancy ratio and cater to large vessels.
Furthermore the project will greatly facilitate the Southern
area development plan presently being implemented. This
project will increase the cargo handling capacity up to 3.3
million metric ton per annum.
Ministry of Finance and Planning Sri Lanka
Annual Report 2008