Wednesday Nov 27, 2024
Wednesday Nov 27, 2024
Friday, 15 March 2024 00:28 - - {{hitsCtrl.values.hits}}
Power and Energy Minister Kanchana Wijesekera
Power and Energy Minister Kanchana Wijesekera yesterday announced signing of a Power Purchase Agreement (PPA) for a 150 MW ground mount solar project in Hambantota with an investment of $ 150 million and floated International Competitive Bids (ICBs) for a 50 MW wind farm facility in Mannar. Taking to ‘X’ the Minister noted that the 150 MW ground mount solar project to be developed at the Solar Energy Park in Gannoruwa, Hambantota.
“The project will be developed by a consortium of 17 local developers, comprising 13 power plants of 10 MW and four power plants of 5MW making up the total capacity of 150 MW,” he added. The project will include the construction of transmission and grid facilities, adopting a new business model utilising the Ceylon Electricity Board’s Standardised Power Purchase Agreement (SPPA).
He said the construction is slated to commence in May 2024, aiming for National Grid connection by mid-2025. Minister Wijesekera said the ICB invites potential developers with the requisite financial and technical expertise to establish a 50 MW wind farm facility in Mannar on a Build, Own, and Operate (BOO) basis.
The deadline for proposal submissions is set for 9 May 2024.
The Government plans to integrate all the projects that receive approvals by 2030 into the National Grid.
