Hayleys Fentons issues statement on 50 MW wind power facility in Mannar

Friday, 7 February 2025 00:04 - - {{hitsCtrl.values.hits}}

The Cabinet has granted approval to award Hayleys Fentons Ltd., the contract for developing a 50 MW wind power facility in Mannar. This decision is after a thorough and transparent appeal process overseen by the Procurement Appeal Board (PAB).

Initially, the Hayleys Fentons bid was not considered by the project committee due to additional content mentioned in the bid security. However, on 6 August 2024, upon consideration of their appeal, the PAB recommended to the Cabinet that their bid be considered and evaluated since the additional content further assures the bid security.

The contract has been awarded to Hayleys Fentons at the lowest tendered bid of 4.65 USD cents per unit of electricity (kWh). This competitive rate results in a significant saving of over Rs. 3 billion for the nation compared to the previously considered bid of 4.88 USD cents per unit of electricity (kWh).

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