LOLC Dodangoda Biomass Plant
Sector: Biomass • Location: Kalutara, Sri Lanka
Source: World Bank Group
Lanka Orix Leasing Company PLC (LOLC), via its subsidiary United Dendro Energy Pvt. Ltd in which it holds a 75% share since March 2010, developed the 4.0MW Dodangoda biomass plant. LOLC holds 750 shares, Haresh Karunanayke holds 249 shares and Dayananda Tissa Karunanayake holds 1 share.
The project was expected for commissioning in 2011. The project company holds 1,500 hectares from the Yala Nati
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Original status | active |
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Description
Description | Lanka Orix Leasing Company PLC (LOLC), via its subsidiary United Dendro Energy Pvt. Ltd in which it holds a 75% share since March 2010, developed the 4.0MW Dodangoda biomass plant. LOLC holds 750 shares, Haresh Karunanayke holds 249 shares and Dayananda Tissa Karunanayake holds 1 share. The project was expected for commissioning in 2011. The project company holds 1,500 hectares from the Yala National Park and purchased 500 hectares of land in Amarawewa from the Forest Department (FD), February 2011 for gliricidia producation. Output was sold to the national grid via a generation license with Ceylon Electricity Board. Total cost was ESTIMATED at US$4 million. Financial closure date was estimated at December 2011, commissioning. http://www.thesundayleader.lk/2012/07/29/controversy-in-amarawewa/ http://www.lankabusinessonline.com/fullstory.php?nid=451467764 |
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Data quality score | 100% |
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