Ace Horana Power Station
The Ace Horana Power Station was a thermal power station in Horana, Sri Lanka. The plant operated from 2002-2012 similar to that of the Ace Matara Power Station, and utilized four generating units. The plant was decommissioned in 2012 after its 10-year PPA expired. The power station was originally planned to be built in Anuradhapura, but was later changed to Horana due to environmental and religious protests.
Constructed over a period of 3 years, the plant cost a total of and via syndicated loans. Participants in the debt component were HNB, Commercial Bank, People's Bank, Bank of Ceylon, HSBC, Pan Asia Bank, and DFCC Bank. The project was developed by Aitken Spence, CDC Group, Wärtsilä and Banaras House India.
