Construction of the Moragolla Hydro Power Project of MW 31 is underway after long dealy, Pwer nad Energy Ministry announced.
It had been planned to commence the construction of the Moragolla Hydro Power Project in the year 2014 with the objective of obtaining a capacity of 31MW to the National Grid.
However, this project was commenced in the year 2017 after a delay of 3 years.
The project had been estimated at a value of Rs.16,780 million and a sum of Rs.14,851million of that had been received from the Asian Development Bank.
The physical progress thereof had been 17 per cent by the end of the year 2018. The awarding of the contract on consultancy services of the project had delayed and as a result, the project could not be commenced as scheduled. As such, a sum of Rs.28 million or US$ 177,931 had to be paid as Commitment Charges for loans obtained
(LI)