Neha Patil

Ace Horana Power Station

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Country  Sri Lanka
Status  Decommissioned
Units decommissioned  4 × 6.3 MW
Owner  Aitken Spence
Location  Horana
Primary fuel  Fuel oil
Address  Ingiriya, Sri Lanka
Decommission date  2012
Ace Horana Power Station
Operator(s)  Ace Power Generation Ltd
Similar  Uthuru Janani Power St, Hambantota Solar Power St, Chunnakam Power Station, Sapugaskanda Power Station, Maskeliya Dam

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. The power station was originally planned to be built in Anuradhapura, but was later changed to Horana due to environmental and religious protests.

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%).

References

Ace Horana Power Station Wikipedia


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