The power station would also have a special storage facility to maintain the gas at its liquid state in the below zero temperatures at -160oC.
The Australian developer of the project, Arc Development, reported that the initial phase of the plant with 500 megawatts (MW) would offer an extra 20% capacity to Sri Lanka’s present production capacity. Nearly $600 million would be needed to finish the initial phase of the project. Arc Development also stated that on account of its low impact on the environment, the power station would be established as a Clean Development Mechanism (CDM) project. The project has been listed with the United Nations Framework Conventions on Climate Change (UNFCCC) and has attained its first in-country authorization.
Seneviratne on the inauguration of the plant stated that Lanka Aloka Ltd. consented to provide electricity to the CEB at lower rates than other independent power suppliers.
Seneviratne stated that LNG is one of the few inexpensive resources present in Sri Lanka. He added that Sri Lanka needed to search for more inexpensive power resources as there was no new usable hydro power resources present in the country.
He said “The country had utilized almost all the water resources feasible for power generation.”
