Annual Report 2008 - Ministry of Finance and Planning

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6. A Sectoral Perspective 254 Box 6.2 Electricity: Energizing Growth Contd. Power Generation The annual increase of demand for electricity is around 7- 8 percent. Therefore, around 200 MW needs to be added to the system annually. To meet this, the total installed capacity was increased from 2,444 MW in 2007 to 2,644 MW in 2008, which included the installed capacity of the private sector as well as the hired plants. The installed capacity of CEB plants were 1,758 MW and the private plants were 886 MW. The installed capacity owned by Ceylon Electricity Board remained unchanged in 2008. However, capacity of the private sector has increased by 28 percent due to the addition of more mini hydro power plants which provide electricity to the national grid. The thermal power installed capacity of the private sector has also increased by 30 percent due to the addition of 170 MW to the national grid with the operation of the Kerawalapitiya Power Plant in 2008. Power and Energy Sector Performance Category Unit 2005 2006 2007 2008 Installed capacity MW 2,411 2,434 2,444 2,644 CEB Hydro MW 1,207 1,207 1,207 1,207 Thermal MW 548 548 548 548 Wind MW 3 3 3 3 Private Hydro MW 84 107 117 137 Thermal MW 567 567 567 737 Units Generated GWh 8,769 9,389 9,814 9,901 CEB Hydro GWh 3,173 4,290 3,603 3,700 Thermal GWh 2,162 1,669 2,336 2,083 Wind GWh 2 2 2 3 Private Hydro GWh 277 345 344 428 Thermal GWh 3,152 3,082 3,528 3,680 Source: Ceylon Electricity Board In terms of power generation, the total power generated by both the public and private sector increased by 0.89 percent to 9,901 GWh in 2008. The hydropower generated by the Ceylon Electricity Board increased by 2.7 percent in 2008 over 2007 due to the heavy rain prevailed in the catchments areas. In contrast, thermal power generation by the CEB decreased by 11 percent in 2008. The total power generation by the private sector increased by 6 percent; hydropower generation by 24 percent and thermal power generation by 4.3 percent. Diminishing of Hydropower Domination At present, electricity generation in Sri Lanka heavily depends on crude oil. This has resulted in increasing costs of power generation. Therefore, a balance in power generation with appropriate combination of hydro, coal, crude oil, solar power and wind is required. To achieve this, lower cost electricity generating facility projects such as Norochcholai Coal Power plant, Upper Kotmale Hydro Power Project, Trincomalee Coal Power Plant and medium scale hydropower plants i.e. Broadlands, Moragolla, Uma Oya, Ginganaga hydropower Projects are in progress. Ministry of Finance and Planning Sri Lanka Annual Report 2008
6. A Sectoral Perspective 255 Box 6.2 Electricity: Energizing Growth Contd. Progress of the Flagships Projects -2008 Project Kerawalapitiya Combined Cycle Power Project ( 170 MW) The project started commercial operation in 2008 by adding 170 MW to the national grid. Norchhcolai Coal Power plant ( 300 MW) Filling in the construction site was completed and the construction work on the foundation of the power plant has been commenced. All surveys related to the construction of transmission line were completed. Preliminary work for the construction of the jetty for coal handling was completed. 74 houses were constructed for affected families. Upper Kotmale Hydro Power project ( 150 MW) Construction of quarters for employers and engineers was completed. Two 33 kv transmission lines were completed. Generating equipment work contract was awarded. River diversions work, excavations of access tunnel and cable tunnel was completed. Coffer dam in the outlet area was completed. Trincomalee Coal power plant ( 500 MW) The site selection was completed and the MOU signed with National Thermal Power Corporation in India. Uma Oya ( 90 MW) A loan agreement was signed in April 2008 with the Export Development Bank of Iran (EDBI) for the implementation of the project. The total loan amount is US $ 450 mn. Total Investment Rs. Mn. Expected Completion Year 34,267 2008 50,050 2010/11 32,267 2009/10 60,000 2011/12 51,750 2012/13 Transmission Development To ensure reliable power supply, reducing the present transmission losses of 15 percent of net generation to a level of 12 percent has been identified as a priority. Hence, a number of transmission development and improvement projects were implemented in 2008 at a cost of Rs 2,212 million. Power Sector Development Transmission Project (Part C) Kerawalapitiya - Kotugoda Transmission Line Project New Galle Transmission Development Project Killinochchi - Chunnakam Transmission Line Project Trincomalee - Veyangoda Transmission Line Project Phase I of Lighting Sri Lanka Hambantota – Transmission Phase II of Greater Colombo Grid Substation Project (KFW) Colombo City Electricity Development Project Ministry of Finance and Planning Sri Lanka Annual Report 2008
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2008 Annual Report Ministry of Fina
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2 This Report is Published in terms
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4 Heads of Treasury Departments (as
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6 Heads of Statutory Boards / State
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8 Contents Chapter 1 - Macro Econom
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10 Contents Contd. Table 3.9 - Key
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12 Contents Contd. Table 7.8 - Valu
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14 Contents Contd. Chart 3.1 - Accu
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16 Sri Lanka at a Glance - 2008 KEY
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18 Sri Lanka at a Glance - 2008 Con
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1. Macro Economic Perspectives 20 E
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2. Fiscal Developments - 2008 46 An
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138 Ministry of Finance and Plannin
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3. Performance of Public Enterprise
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4. Reform Initiatives 174 An Overvi
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4. Reform Initiatives 176 also prov
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4. Reform Initiatives 178 Finance/R
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4. Reform Initiatives 180 Environme
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4. Reform Initiatives 182 Pradeshiy
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4. Reform Initiatives 184 SALIENT F
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4. Reform Initiatives 186 The Credi
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4. Reform Initiatives 188 Name of t
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4. Reform Initiatives 190 Project P
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4. Reform Initiatives 192 TERMS OF
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4. Reform Initiatives 194 Table 4.8
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4. Reform Initiatives 196 grounds,
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5. Foreign Financing of the Budget
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328 8. Financial Statements - 2008
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