Agreement inked for 100 MW Ground Mount Solar project

8 February 2024 04:21 pm Views - {{hitsCtrl.values.hits}} 4 Bookmark

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Colombo, Feb 08 - (Daily Mirror) - Rividhanavi (Pvt) Ltd., a consortium comprising Lakdhanavi Ltd., Windforce PLC, and The Blue Circle Pte Ltd of Singapore, has inked the Power Purchase Agreement (PPA) with the Ceylon Electricity Board (CEB) today, marking a significant stride in the renewable energy landscape of Sri Lanka.

The agreement pertains to the 100 MW Ground Mount Solar project located in Siyambalanduwa.

This endeavour, which has been in the pipeline since its advertisement by the CEB in September 2022, underwent thorough evaluation throughout 2023.

At the culmination of the evaluation process, Rividhanavi emerged as the lowest and successful bidder, clinching the project at the end of 2023.

In addition to the solar infrastructure, Rividhanavi (Pvt) Ltd. will undertake the construction of a 27.5 Km transmission line essential for the project's functionality. Upon completion, the transmission line will be transferred to the CEB, facilitating seamless integration into the national grid.

With an anticipated investment totaling USD 132 million, the consortium is poised to catalyze substantial progress in Sri Lanka's renewable energy sector.

Comments - 4

Reza Thursday, 08 February 2024 07:53 PM

Big deals with $ commissions. Whist the small solar/hydro 1mw developers are pushed away by the CEB crooks.

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Households Need Solar Panels Friday, 09 February 2024 04:55 AM

More should be done to the average household to have a few panels installed in their compound. How much savings in the long run this will make for SL! Hope more businesses will start on these projects soon.

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Install Panels at All Homes Friday, 09 February 2024 04:57 AM

More should be done to the average household to have a few panels installed in their compound. How much savings in the long run this will make for SL! Hope more businesses will start on these projects soon.

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Mohan Friday, 09 February 2024 08:01 AM

I have land on which I wanted to put solar panels and the crooks in CEB said that they will only panels on buildings. They refused to explain the reason. Does any one know the reason?

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