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Watawala Mini Hydro Power Project

Sector: Commercial • Location: Sri Lanka

Source: World Bank Group

Project
Active

Mark Marine Services Pvt. Ltd. was awarded the contract to build, own and operate a 2.6-MW hydro power plant located in Watawala. Power generated by the plant is sold to the Ceylon Electricity Board under a 20-year power purchase agreement. Commercial operations started in the second half of 1999. As of March 31, 2008, the principal sponsor of Mark Marine Services Pvt. Ltd. was Central Finance Gro

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The project “Watawala Mini Hydro Power Project” is an infrastructure initiative in the Commercial sector, located in Sri Lanka. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

Taiyo status

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Contact

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Email

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Address

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Description

Description

Mark Marine Services Pvt. Ltd. was awarded the contract to build, own and operate a 2.6-MW hydro power plant located in Watawala. Power generated by the plant is sold to the Ceylon Electricity Board under a 20-year power purchase agreement. Commercial operations started in the second half of 1999. As of March 31, 2008, the principal sponsor of Mark Marine Services Pvt. Ltd. was Central Finance Group of Companies, which had a 58% share in the company.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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