Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants Updated On Thu, Feb 23rd, 2023 by Saurenergy The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […] Read more
Sri Lanka will Use $100 Million Indian Credit Line for Rooftop Solar Updated On Mon, Oct 17th, 2022 by Saurenergy In the middle of the acute economic crisis and increasing losses to the state electricity distribution entity, the Sri Lankan government has decided to utilise the line of credit worth $100 million granted by India. In July, 2021, India had signed an agreement with Sri Lankan Government to extend a USD 100 million Line of […] Read more
Ceylon Electricity Board Floats Tender for Solar PV Plants Updated On Mon, Sep 5th, 2022 by Saurenergy The Ceylon Electricity Board (CEB) is seeking proposals from potential developers (project proponents) for the construction of ground-mounted and floating solar PV power plants with a combined capacity of 30 MW on a build-own-operate basis with a 20-year operational period. The deadline for proposal submissions is October 27, 2022. Within 10 months of the power […] Read more
Adani Group Gets Sri Lanka’s Nod for $500 Million Wind Power Projects Updated On Thu, Aug 18th, 2022 by Saurenergy The Energy Minister in Sri Lankan Government, Kanchana Wijesekara has announced that India’s Adani Green Energy has been issued provisional approvals for the development of two wind power projects in Northern Province of Sri Lanka. He said in a Tweet on social media that the two wind power plants will attract an investment of over […] Read more