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Energy Review Policy: Response

07 June in news

Apropos article by Dr. Tilak Siyambalapitiya on ‘Energy Policy Review’ published on 1st and 2nd June 2011 in ‘The Island’, small Hydro Power Developers Association wishes to point out some factual errors made by Dr. Siyambalapitiya which mislead the readers regarding the Tariff paid to Small Hydro Power Developers.   The Standardized Power Purchasing Agreements (SPPA) valid for 15 years only applies for Small Hydro Power Projects under the scheme of avoided cost. The avoided cost tariff started with Rs.2.99 in 1996, for the first year ended up at an average of Rs. 5.96 per unit over the 15 years up to...


Power costs see decline

11 February in news

Production costs of electricity will decline from 2011 to 2015 and the electricity sector profitability is not too far away, an energy sector expert said. “By 2015 ,all licencees should report real profits and customers should be paying lower prices than today in real terms. This is as a result of reduction on the use of oil burning power plants and network losses,” Energy Consultant Dr Tilak Siyambalapitiya said. Delivering the Prof R H Paul Memorial Lecture on “The new electricity pricing policy in Sri Lanka” at the Institute of Engineers he said oil burning power plants will be replaced by coal-fired...


Power crisis: Worst yet to come

20 February in news

Dr. Tilak Siyambalapitiya electrocutes top deregulation forum with shocking revelations If the people had thought that the power crisis was at its peak at present then they are in for a shock as the worst is yet to come according to a top energy expert. Resource Management Associate Managing Director Dr. Tilak Siyambalapitiya literally electrocuted leaders in both the public and private sector including several Ministers present at a top deregulation conference held during the weekend at Marawila with some shocking revelations, which prompted Deregulation Committee member Cubby Wijetunga to describe the power presentation as the "most frightening" of all. In a nutshell,...