Kerawalapitiya, Sri Lanka
Lyndon Energy (Lyndon LNG)
Lanka Aloka AB (Pvt) Limited is a Sri Lankan registered company and is the special purpose vehicle (SPV) that has been created for the development of a 488MW Combined Cycle Gas Turbine (CCGT) electricity generation project. The project is to be located in the historical High Security Zone at Kerawalapitiya, approximately 15 kilometres to the north of Colombo, Sri Lanka. Lyndon Energy teamed up with local partner in 2017 to realise the distinctive project that has all key Cabinet approvals in place dating back to circa. 2008.
The 488MW – Stage 1 of the power project will add 20% additional capacity to the current Sri Lankan electricity generation capability. This plant will be the cleanest and lowest priced thermal power producer amongst the current Independent Power Producers (“IPPs”) contracted to the Ceylon Electricity Board (“CEB”).
The plant will be fuelled by Liquid Natural Gas (LNG) and the project will include the development of an LNG import scheme that will be premised on a nominal 1mtpa Floating Storage Re-gasification Unit (FSRU). This will be the first LNG import facility developed in Sri Lanka.With the LNG supply chain in place, it is planned to provide LNG fuel to the integrated 488MW CCGT that forms part of the project scope, together with fuel to the recently sanctioned new build 300MW project at Kerawalapitya being developed by Lakdhanavi and also the existing Yugadanvi 300MW power plant that currently runs on diesel due to LNG not being available. In aggregate this will create a nominal demand of 1mtpa for LNG and will significantly reduce fuel costs and CO2 emissions through fuel switching from diesel to gas.
Lyndon Energy Role:
Lyndon Energy is the lead developer responsible assembling the international partners to invest in and execute the project and for the commercial and technical aspects of the project development.
Lyndon Energy Team:
The London office leads the Lyndon LNG team on all commercial and financial issues, supported by the New York team and Lyndon LNG engineers from the UK and Australia on technical issues respectively.