The Government has taken three (03) key decisions pertaining to the power and fuel sectors of Sri Lanka.
Following are the decisions that have received Cabinet approval:
- Supply of crude oil for Sapugaskanda Oil Refinery by July 2022
The Government said necessary arrangements have to be made to procure crude oil required for the next period.
An uninvited proposal has been made by the Terra Nevis Group in Cyprus to supply the crude oil required for the refinery.
The proposal made to supply crude oil under the 180-day loan scheme has been evaluated by the Cabinet appointed Special Standing Procurement Committee and it is recommended to supply a 450,000 barrel shipment basically.
Accordingly, the Cabinet of Ministers has approved the proposal made by the Minister of Energy to procure crude oil in accordance with that recommendation.
2. Purchasing of 40,000 Metric Tons of diesel shipment from the Indian Oil Company.
The Ministry of Energy has discussed with the Indian Oil Company to procure 40,000 metric tons of diesel and 40,000 metric tons of petrol. Accordingly, the Indian Oil Company has agreed to supply a shipment of 40,000 metric tons of diesel.
Thereby, the Cabinet of Ministers has approved the proposal tabled by the Minister of Energy to take further measures to buy the said Oil consignment.
3. Newly affixing two Electricity Generator Stators in the Samanala Wewa Hydro Power Station.
The Samanala Wewa Hydro Power Station is commercially in operation since 1992 with its established capacity of 120 megawatts and electricity generation of 276 hours of gigawatts per annum.
This power station performs considerably in supplying electricity demand during the hours of extreme electricity demand as well as maintaining the system voltage in the southern province.
This power station is operated with two electricity generators and their lifetime is between 25 – 35 years.
Therefore, the life span of the two generators has reached an end and they need to be repaired immediately.
Accordingly, the Cabinet of Ministers has granted approval for the proposal submitted by the Minister of Electricity to implement the precise procurement process for the procurement of generator stators by GEC Large Machines Ltd. of the United Kingdom which is the original equipment manufacturer. (NewsWire)