Government approves 484 MW wind power project with Adani Green Energy

Colombo, May 7 (Daily Mirror) - The government has given the green light for the development of 484 Mega Watt wind power stations in Mannar and Pooneryn.

This initiative comes as a memorandum of understanding (MoU) signed with Adani Green Energy Limited of India.

In line with this decision, the Cabinet appointed a negotiation committee tasked with evaluating the project proposal submitted by the company.

Following the recommendations of the committee, the Cabinet has approved the resolution presented by the Minister of Power and Energy. 

This resolution accepts the final price of USD 8 and 26 cents per KW for the electricity generated under the proposed project, subject to payment in Sri Lankan Rupees based on the actual foreign exchange rate.

The wind power project will award this tender to Adani Green Energy SL Limited for a duration of 20 years.