Ace Horana Power Station
Ace Horana Power Station | |
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Location of Ace Horana Power Station in Sri Lanka
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Country | Sri Lanka |
Location | Horana |
Coordinates | Lua error in package.lua at line 80: module 'strict' not found. |
Status | Decommissioned |
Commission date | 2002 |
Decommission date | 2012 |
Owner(s) | Aitken Spence |
Operator(s) | Ace Power Generation Ltd |
Thermal power station | |
Primary fuel | Fuel oil |
Power generation | |
Units decommissioned | 4 × 6.3 MW |
Nameplate capacity | 25 MW |
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.[1] The power station was originally planned to be built in Anuradhapura, but was later changed to Horana due to environmental and religious protests.[2][3]
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%).[2]
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