09th February 2012, www.dailynews.lk, By Hemanthi Guruge
Werapitiya Hydro Power Pvt Ltd, a subsidiary of DSI Samson Group Pvt Ltd had invested Rs 450 million to setup a mini hydro power plant at Theldeniya in Kandy in a bid to supply electricity to the national grid from 2013.
Werapitiya Hydro Power Pvt Ltd Managing Director Ranjith Somasiri told Daily News Business that the mini hydro power plant would have the capacity to generate two megawatts of electricity. The company has already signed an agreement with the Board of Investment to setup a mini hydro power plant and it will provide employment for more than 20 people in the area.
Werapitiya Hydro Power Pvt Ltd has completed 50 percent construction of the mini hydro power plant and commercial operations will commence by the end of this year. Another subsidiary company of DSI Samson Group, Hydro Trust Lanka (Pvt) Ltd had setup its mini hydro plant in Kuda Oya in Aranayake off Mawanella to supply two megawatts to the national grid. The DSI Samson Group ventured into the area of power generation when the Sri Lankan government invited the private sector to invest in mini hydro projects to meet the rising energy demands of the country. There are numerous benefits provided by hydropower over other energy sources.
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