Ace Horana Power Station

The Ace Horana Power Station was a 25-megawatt thermal power station in Horana, Sri Lanka. The plant operated from 2002 to 2012 similar to that of the Ace Matara Power Station, and utilized four 6.3 MW Wärtsilä 18V32LN generating units. The plant was decommissioned in 2012 after its 10-year PPA expired.^[1] The power station was originally planned to be built in Anuradhapura, but was later changed to Horana due to environmental and religious protests.^[2][3]

Ace Horana Power Station
Country	Sri Lanka
Location	Horana
Coordinates	6°43′57″N 80°08′17″E
Status	Decommissioned
Construction began	1999
Commission date	2002
Decommission date	2012
Construction cost	$11.5 million (2002) 178 million Rs (2002)
Owner	Ace Power Generation
Thermal power station
Primary fuel	Fuel oil
Power generation
Units decommissioned	4 × 6.3 MW
Nameplate capacity	25 MW

Constructed over a period of 3 years, the plant cost a total of US$ 11.50 million and Rs. 178 million via syndicated loans. Participants in the debt component were HNB (US$ 5.00 m), Commercial Bank (US$ 2.00 m), People's Bank (US$ 1.50 m), Bank of Ceylon (US$ 1.25 m), HSBC (US$ 1.25 m), Pan Asia Bank (US$ 0.50 m), and DFCC Bank (Rs. 178 million). The project was developed by Aitken Spence (51%), CDC Group (29%), Wärtsilä (10%) and Banaras House India (10%).^[2]

See also

• Embilipitiya Power Station
• Ace Matara Power Station
• List of power stations in Sri Lanka