Daily News (Sri Lanka)
October 26, 2010
Sri Lanka, Oct. 26 The Ceylon Electricity Board (CEB) will soon commence
construction on the Broadland hydropower complex in the Nuwara Eliya
district with a total investment of US$ 82 million.
The Industrial and Commercial Bank of China Limited (ICBC) funds 90
percent of the total investment while 10 percent will be funded by the
The total capacity of the project is estimated 35 MW and it will also
contribute 126 GWH millions annually to the national grid. The Broadland
hydro power plant is expected to complete by 2014 as a foreign and local
partnership, a CEB spokesman told Daily News Business.
The complex will be built in an environmental friendly manner. This
project will be the fourth underground power plant.
The project dam is margined to the Central Province while the
underground plant will be in the Sabaragamuwa province. This is also the
last power project in the Lakshapana power complex.
There are around 20 families in the area of the project and the CEB has
already started a re-settlement program for these families.
Due to the rapid growth in several industries and the accelerated
efforts in electrification the growth in a particular year may increase.
The demand and supply gap needs to be filled accordingly. The CEB said
the growth of electricity demand would increase by 10 percent annually.
Through the Broadland hydropower plant the Government expects to enhance
economic growth, poverty reduction and ensure balanced regional development.
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