The Hon. Kumara Jayakody - Minister of Energy
Minister of Energy Kumara Jayakody stated that 343 private power plants are currently in operation, including Yugadanavi and Sobadanavi, and that ownership, energy purchase, and payment details from 2015 onwards have been placed in the Library as annexes. He explained that smaller renewable energy plants operate under standardized power purchase agreements with payments only for energy supplied, while larger renewable projects have more detailed agreements including provisions such as deemed energy payments and minimum supply obligations. He added that LNG plant agreements were secured through competitive bidding, are not unfavourable to the CEB, and include dual-fuel capability due to the current lack of LNG availability.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Mr. Speaker, the answer is as follows.
¶ 02 (a) (i) The number of private power plants in operation at present is 343 (including Yugadanavi and Sobadanavi).
¶ 03 (ii) The private thermal plants Yugadanavi and Sobadanavi are owned by West Coast Power (Pvt) Ltd and Sobadhanavi (Pvt) Ltd respectively. The details of non-conventional renewable energy plants and their owners are provided up to Annex 1.
¶ 04 (iii) Details are provided in Annex 1 placed in the Library.
¶ 05 (iv) The annual energy purchased from each plant and the corresponding payments from 2015 to date are provided in Annex 2 placed in the Library.
¶ 06 Annexes 1 and 2 have been placed in the Library.
¶ 07 (b) (i) Purchases from various categories of private generators are under different agreements. For RE plants below 10 MW, standardized PPAs (SPPA) are used; similar agreements are used for small plants procured via tender. These are “must-run” plants; payments are made only for energy supplied; there is no deemed energy payment.
¶ 08 For large-scale RE plants, more detailed PPAs are used (including PPP structures), with provisions such as ramp rates, deemed energy payments, buy-out options, and LDs for not supplying minimum guaranteed energy.
¶ 09 For LNG plants, prices are not unfavourable to the CEB and have been secured through competitive bidding. Considering fuel security, these PPAs are structured on dual-fuel capability given the current unavailability of LNG.
¶ 10 (ii) Not applicable.
¶ 11 (c) Not applicable.
Provenance
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- Hansard, Thursday, 9 January 2025 ·No. 1738229262040729 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 January 2025. No. 1738229262040729. Politick, https://staging.politick.io/lk/speeches/23621