Garbage disposal has been a major headache for Colombo which generates as much as 1,200 metric tonnes of rubbish every day. The dumping sites, some of them in the midst of residential areas, are also bursting at the seams. As the situation has deteriorated, a new project to collect the garbage, transport it by train and dump it in a Sanitary Landfill in Puttalam emerged as a solution.
The Puttalam Waste to Energy (WtE) Project will introduce best-in-class waste disposal technology to Sri Lanka while also delivering critically needed capacity to the country’s power grid. In doing so, the project will catalyse future projects and contribute to a healthier environment and stronger economic foundation for the country’s future. With capacity to handle up to 580 metric tons per day, the project has the potential to process roughly half of Colombo’s entire waste generation. The project will also provide much needed capacity to Sri Lanka’s power grid. The energy produced by the project could supply around 30,000 households at current average usage in Sri Lanka.
| PROJECT OVERIVEW | |
|---|---|
| Company | RenEnv Puttalam Co-Gen Pvt. Ltd. |
| Country | Sri Lanka |
| Region | Colomobo |
| Size | 8-10 MW; 450 dry tons per day |
| Status | Active |
| Timeline | Financial Close expected in Q3 2018 |
| Capex | USD 47 million |
| Funding | USD 4 million as Equity Partner |
| Other Shareholders | RenEnv Ventures (Sri Lanka) Ptd Ltd. and RCK Limited (Korea) |
| EPC Contractor | Negotiation On-going |
| Technical Advisor | Dohwa Engineering (Korea) |
| Impact | 60 long term jobs Power for 50,000 homes |