PUCSL grants approval for New Power Generation Expansion plan

COLOMBO (News 1^st) - The Public Utilities Commission of Sri Lanka (PUCSL) has granted approval for the new Power Generation Expansion Plan in accordance with the National Energy Policy. The PUCSL has informed the CEB to prioritize the construction of 1400 Mega Watt Liquefied natural gas or LNG plants as approved by Cabinet recently. The PUCSL has pointed out that the Cabinet decision has made it clear the construction of the three power plants should be implemented as a Government to Government venture. The Public Utilities Commission of Sri Lanka this evening announced it's policy decision to the Ceylon Electricity Board bringing an end to the crisis over the Long Term Power Generation Expansion Plan from 2018 to 2037. According to the new Power General Expansion Plan, the proposed 300 MW LNG Plant in Kerawalapitiya should be completed by 2019 and should be added to the National Grid. As per the new energy policy by 2030, 50% of the country's energy requirement should be met through Renewable Energy and Hydro Electricity. Of the remaining 50 percent , 20 percent should be met by COAL, another 20 percent by LNG Plants and the remaining 10 Percent by Thermal Power Plants.