Dhammika Perera, Chairman
/Director General of the BOI opened the new plant of VS Turbo (Pvt ) Ltd
at Talduwa, in Awissawella. The new plant, which represents an investment
of Rs. 120 Million, will provide employment for 87 workers. The project is
a 100% Sri Lankan investment.VS Turbo (Pvt) Ltd are pioneers in
manufacturing Turbines for hydropower in Sri Lanka. This project is
important to the BOI as it is in line with one of the major strategic
objective of the BOI, which is to create conditions for technology
transfer through investment
Turbines produced at the VS Turbo factory are very high value added
products. The turbines are built with German technology and are aimed at
both the local and foreign markets. The technology used in the manufacture
is from Germany and is state-of-the-art. There are 2 main components of
the turbine. The main component is the "Runner" which is made in Germany
and the other component is called "Spiral and casting" which is entirely
made in Sri Lanka.
Two turbines have already been exported to Uganda while Another 5 are
currently being manufactured.
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