Sri Lanka and China have signed a joint venture (JV) agreement to construct the largest dendro power plant in the southern part of Sri Lanka. The JV has been signed among Beijing Full Dimension Power Tech Company Limited, Nanjing Turbine and Electric Machinery Group Company Limited and Sri Lanka’s IMS Holdings. The power plant will consist of six biomass boilers and three steam turbine generators, and is expected to generate about 70,000 MW of power every year. Reportedly, this will benefit hundreds of farmers in Moneragala district by providing them an opportunity to supply the Gliricidia Sepium variety of wood for the plant. It will help them make about 3.2 million per year. The power plant is expected to start operations by end-September 2018.