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LVL/Hayleys Neluwa SHPP

Sector: Wind • Location: Sri Lanka

Source: World Bank Group

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Neluwa Cascade Hydro Power Pvt. Ltd. developed the 2.2MW mini hydropower plant, on the Gin Ganga, in Neluwa, Galle District. The project consists of a Kaplan turbine. The project company was a joint venture between Lanka Ventures (LVL) and Hayleys Industrial Solutions Ltd.

The project became operational in January 2008. The equipment was supplied by Gugler Hydro Energy GmbH (Austria).

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The project “LVL/Hayleys Neluwa SHPP” is an infrastructure initiative in the Wind sector, located in Sri Lanka. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Neluwa Cascade Hydro Power Pvt. Ltd. developed the 2.2MW mini hydropower plant, on the Gin Ganga, in Neluwa, Galle District. The project consists of a Kaplan turbine. The project company was a joint venture between Lanka Ventures (LVL) and Hayleys Industrial Solutions Ltd. The project became operational in January 2008. The equipment was supplied by Gugler Hydro Energy GmbH (Austria). Total project cost was unknown but estimated at US$2.2 million based on US$1 million/MW (conservative estimate). Financial closure date was ESITMATED at January 2008 (commissioning date). LVL's equity contribution consisted of Rs. 99 million (US$0.77 million). http://acuity.lk/LankaVentures/portfolio.html#e-Services

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