Ace Horana Power Station
- 1999
- 2002
- 2012
- $11.5 million (2002)
- 178 million Rs (2002)
- Ace Power Generation
- Fuel oil
- 25 MW
The Ace Horana Power Station was a 25-megawatt thermal power station in Horana, Sri Lanka. The plant operated from 2002-2012 similar to that of the Ace Matara Power Station, and utilized four 6.3 MW Wärtsilä 18V32LN generating units. The plant was decommissioned in 2012 after its 10-year PPA expired.[1] The power station was originally planned to be built in Anuradhapura, but was later changed to Horana due to environmental and religious protests.[2][3]
Constructed over a period of 3 years, the plant cost a total of US$ 11.50 million and Rs. 178 million via syndicated loans. Participants in the debt component were HNB (US$ 5.00 m), Commercial Bank (US$ 2.00 m), People's Bank (US$ 1.50 m), Bank of Ceylon (US$ 1.25 m), HSBC (US$ 1.25 m), Pan Asia Bank (US$ 0.50 m), and DFCC Bank (Rs. 178 million). The project was developed by Aitken Spence (51%), CDC Group (29%), Wärtsilä (10%) and Banaras House India (10%).[2]
See also
References
- ^ "Diesel and Gas-Engine Power Plants in Sri Lanka". Industcards.com. Retrieved 10 November 2015.
- ^ a b Nizam, Ifham (12 April 2002). "Horana power plant ready before year end". The Island. Retrieved 10 November 2015.
- ^ "Power project relocated in Horana". Daily News. 17 April 2002. Retrieved 10 November 2015.
External links
- "Ace Horana Oil Power Plant". Global Energy Observatory. Retrieved 10 November 2015.
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