China and Sri Lanka jointly build the largest biomass power plant in the region
On January 19, Sri Lanka and China signed a joint venture agreement to build the country's largest biomass power plant in southern Sri Lanka. The power plant will annually deliver 70,000 megawatts of renewable energy to the national grid.
Xinhua News Agency reported that Beijing Quanwei Power Technology Co., Ltd., Nanjing Turbine & Electric Group and Sri Lanka IMS Holding Company signed a joint venture agreement.
Jinawara Dharmawardana, chairman of IMS Holdings, said at the signing ceremony that electricity is generated by the sustainable growth of biomass fuels (fuel wood), where fuel will be produced from the wood of Mexican lilac trees.
Dharmawardana said that benefiting from this project in the heavily drought-prone Moneragala area, farmers supplying Mexican lilac wood will receive a yearly income of $ 3.2 million.
Dharmawardana explains the reason for choosing Mexico's lilac wood as a fuel instead of solar to run turbines because the company's primary mission is to provide financial security to farmers in drought-prone areas of the island.
Hu Xingzhong, chairman of Beijing Quanwei Power Technology Co., Ltd., said the project is of great significance not only to partners but also to both countries.
The plant will consist of six biomass boilers and three steam turbines and is scheduled to start operation by the end of September this year.