The Government has incurred an estimated loss of Rs. 3.5 billion over the past two years on account of a delay in implementing the Moragolla Hydropower Project, which is the final large-scale hydropower project to be built on the Mahaweli River, The Sunday Morning learnt.
According to Ceylon Electricity Board (CEB) Chairman Eng. Vijitha Herath, as a result of the delay, the Government has been incurring an opportunity loss of around Rs. 5 million per day for the past two years.
Speaking to The Sunday Morning, the CEB Chairman stressed that the delay was mainly due to the delay in obtaining environmental clearance for the project and the lack of commitment of the previous Government to expedite the project.
The Moragolla Hydropower Project is located in Ulapane in the Kandy District of the Central Province. Preliminary assessments and feasibility studies of the hydroelectric dam and power station began in 2012 with an estimated commissioning date in 2021. The dam is planned to impound the Mahaweli River at Weliganga and have five spillways, with the powerhouse located approximately 500 m (1,600 ft.) from the tailrace discharge of the Kotmale Power Station. The Mahaweli River is the largest river basin and the longest river in Sri Lanka.
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http://www.themorning.lk/moragolla-hydropower-project-rs-3-5-b-loss-from-delay/
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