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Thursday, March 18, 2010 - 08.30 GMT |
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Second stage of
Norochcholai power plant begins |
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The second stage of construction of the Norochcholai Coal Power Plant commenced today (18 March) under the auspices of President Mahinda Rajapaksa.
The financial assistance for the project is from the government of the People’s Republic of China. With the completion of the second and third stages, 600 MW will be added to the national power grid.
The project is expected to make a significant contribution towards meeting the country's electricity needs.
The cost of power generation from coal fired power plants is relatively low compared to oil fired power plants. Thus, this project will result in saving a considerable amount of foreign exchange and reduction in the cost of power generation.
The tariff for electricity can be reduced due to cost effective power generation.
‘There have been immense obstacles to the development of the country due to the lack of consensus. This is evident when considering the history of the Norochcholai Power Plant Project. I feel that this project had many setbacks on various occasions because people’s needs were shrouded by political expediency’, stated President Mahinda Rajapaksa in his message for the occasion.
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