
CEB to construct Nuwara Eliya hydropower complex
CEB will soon commence construction on the Broadland hydropower complex in the Nuwara Eliya district.
The Broadland hydro power plant is expected to complete by 2014 as a foreign and local partnership with a total investment for the project is US$ 82 million.
According to the Daily News, the Industrial and Commercial Bank of China Limited funds 90 per cent of the total investment while 10 per cent will be funded by the People's Bank.
The total capacity of the project is estimated 35 MW and it will also contribute 126 GWH millions annually to the national grid.
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.