Long-Term Generation Expansion Plan, 2018-2037 (Sri Lanka)

The Long-Term Generation Expansion Plan report presents the Generation Expansion Planning Studies carried out by the Transmission and Generation Planning Branch of the Ceylon Electricity Board for the period 2018-2037. The Ceylon Electricity Board (CEB) is under a statutory duty to develop and maintain an efficient, coordinated and economical system of Electricity Supply for the whole of Sri Lanka. Therefore, CEB is required to generate or acquire sufficient amount of electricity to satisfy the demand. CEB methodically plans its development activities in order to provide reliable quality of electricity to the entire nation at affordable prices. 

The Report also includes information on the existing generation system, generation planning methodology, system demand forecast, and investment and implementation plans for the proposed projects and recommends the adoption of the least cost plant sequence derived for the base case and also emphasizes the need to implement the plan to avoid energy shortfalls. 

The Demand Forecasting methodology consists of combination of time trend modelling and econometric approach while incorporating the expected new mega development projects identified by the government. The report submits that in the long-term, it is important to recognize that coal plant development program will have favorable influence on the economy. Timely implementation of the coal plants in the pipe line is essential and delaying these plants any further will increase the price of electricity and also affect the economic development of the country. Therefore, it is crucial that proposed power plants are implemented in accordance with the Base Case Plan.