CEB engineers pull switch off US company’s bid for Kerawalapitiya By Namini Wijedasa View(s): View(s):A proposal by the United States-based energy company M/s New Fortress Energy (NFE) to acquire the Government’s shares in West Coast Power (Pvt) Ltd (WCPL), owner of the Kerawalapitiya Yugadhanavi power station, has been shot down by Ceylon Electricity Board (CEB) engineers. Since Yugadhanavi–which now runs on oil–is designed and built to operate on LNG, NFE has proposed that it be converted to operate on gas which is cheaper. It will supply regasified LNG for power plants located in Kerawalapitiya and Colombo. The CEBEU maintains that it, along with the Power Ministry, developed the road map and the methodology for the deployment of LNG for power generation through a comprehensive feasibility study. If the NFE proposal is entertained, it cautions, the entire process initiated by the Government for LNG power generation “will be completely jeopardized”.

Source: Sunday Times May 02, 2021 00:54 UTC