WindForce signs Power Purchase Agreement for 10MW Kebitigollewa solar project

From left: Ceylon Electricity Board Chairman N.S. Ilangakoon, WindForce PLC Managing Director Manjula Perera and WindForce PLC Chief Executive Officer Lasith Wimalasena at signing of Power Purchase Agreement for Kebitigollewa solar power project

WindForce PLC has officially begun the work on the 10MW Kebitigollewa solar power project, with the signing of the Power Purchase Agreement with the Ceylon Electricity Board (CEB).  
The signing event was attended by key stakeholders, including CEB Chairman N.S. Ilangakoon, WindForce PLC Managing Director Manjula Perera and CEO Lasith Wimalasena.

WindForce PLC’s acquisition of a 92 percent stake in Kebitigollewa Solar Power (Private) Limited represents a major leap forward in Sri Lanka’s solar energy landscape. 
The total investment for this project is estimated at around Rs.2.7 billion, with a projected equity internal rate of return (EIRR) exceeding 15 percent. Project development is already underway, with completion expected by July 2024.
“This acquisition and the subsequent development of the Kebitigollewa solar power project indicate a significant achievement for WindForce PLC. 

We remain steadfast in our commitment to promoting renewable energy adoption in Sri Lanka and supporting the country’s sustainable growth. This project exemplifies our dedication to clean energy and our determination to contribute to a greener and more environmentally conscious future,” WindForce Managing Director Manjula Perera said.
In addition to generating clean energy, the Kebitigollewa solar power project is expected to create job opportunities and stimulate economic growth in the Anuradhapura district.