Energy
Hungry for More
Sri Lanka has been doubling domestic consumption every 10 years.
100MW Wind Power Plant in Poonarin
Establishing independent power plant and associated 30 km 220 kV transmission line and collector Grid Substation.
Land Extent
100 ha
Land Agreement/Ownership
Acquire from private owners and lease to the investor for the period of “Power Purchase Agreement”.
Current Status
The activities such as Preliminary resource assessment, Declaration as an Energy Development Area, Cabinet approval in principle, Pre-feasibility study, Bird Study. Legal due diligence, environmental scoping and land tenor studies, Clearance of land mines are completed.
Activities such as Environment and Social Impact Assessment, Transaction Structuring, Shore bird & Bat study and Wind measuring campaign (second stage) are being processed at present.
Mode of investment
100% ownership to the investor or JV or PPP.
Transmission Line
Built and Transfer (Design will be provided by CEB).
Mode
Build, Own, Operate and Transfer
Project Timeline
20 Years – from the year 2021 to 2041 (inception to conclusion)
Total Investment
USD 130 million
Incentive-offers for the project
- Ready to invest site with most of the clearances
- Government assurance for energy purchase
- High resource potential
- The location is close to new Palali International airport
- Heavy equipment transport can be carried out via Trincomalee harbor
100MW Wind Power Plant in Mannar Phase II
Establishing independent power plant and associated 30 km 220 kV transmission line and collector Grid Substation. The proposed wind farm will comprise state-of-the-art modern wind turbines with the required grid support features to facilitate semi-dispatchable operation.
Land Extent
260 ha
Land Agreement/Ownership
Sri Lanka Sustainable Energy Authority will be in 30-year lease agreement with Mannar Divisional Secretary.
Current Status
Sri Lanka Sustainable Energy Authority has prepared pre-feasibility report and TOR has been requested from CEA to start the Environmental Impact Assessment.
Mode of investment
100% ownership to the investor or JV or PPP.
Mode
Build, Own, Operate and Transfer
Project Timeline
20 Years – from the year 2022 to 2042 (inception to conclusion)
Total Investment
USD 100 million
Incentive-offers for the project
Total energy benefits after the payback period with a reasonable internal rate of return on the investment.
100MW Wind Power Plant in Siyambalanduwa
Establishing independent power plant and associated 30 km 220 kV transmission line and collector Grid Substation.
Land Extent
546 ha
Current Status
Final Environmental Impact Assessment (EIA) report and the responses for the public comments on the same have been submitted to the proejct approving agency, Department of Forest Conservation (FD) for final apprival (CEA has delegated FD the EIA approval process).
Mode of investment
100% ownership to the investor under BOO.
Transmission Line
Built and Transfer (Design will be provided by CEB).
Mode
Build, Own, Operate and Transfer
Project Timeline
20 Years – from the year 2021 to 2041 (inception to conclusion)
Total Investment
USD 100 million
Incentive-offers for the project
- Total energy benefits after the payback period.
- Attractive Internal Rate of Return (IRR) on the investment.