Ace Horana Power Station

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]

Ace Horana Power Station
Country
Location
Coordinates6°43′57″N 80°08′17″E
StatusDecommissioned
Construction began
  • 1999
Commission date
  • 2002
Decommission date
  • 2012
Construction cost
  • $11.5 million (2002)
  • 178 million Rs (2002)
Owner(s)
  • Ace Power Generation
Thermal power station
Primary fuel
Power generation
Units decommissioned4 × 6.3 MW
Nameplate capacity
  • 25 MW

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
  1. "Diesel and Gas-Engine Power Plants in Sri Lanka". Industcards.com. Retrieved 10 November 2015.
  2. Nizam, Ifham (12 April 2002). "Horana power plant ready before year end". The Island. Retrieved 10 November 2015.
  3. "Power project relocated in Horana". Daily News. 17 April 2002. Retrieved 10 November 2015.


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