Sri Lanka releases 150 MW solar tender

Mar 10, 2020 12:28 PM ET
  • Sri Lanka's Ceylon Electricity Board is looking for propositions for 20 solar energy projects varying in dimension from 3 MW to 10 MW. The projects become part of the 3rd stage of the 'Soorya Bala Sangramaya' (Battle for Solar Energy) program.
Sri Lanka releases 150 MW solar tender
Image: amanjahemal, pixabay

The Ceylon Electricity Board (CEB), Sri Lanka's biggest electrical energy supplier, has actually released a tender for 150 MW of solar energy.

The firm wants to develop 20 solar projects varying in dimension from 3 MW to 10 MW. The centers will certainly be constructed in various places and also each of them will certainly be linked each to various grid substations.

The ceiling rate for the tender is LKR 15.60 ($0.086)/ kWh. The utility claimed that 80% of the suggested toll will certainly be re-adjusted based upon changes in the United States buck currency exchange rate.

Interested programmers will certainly have time till May 21 to send their propositions. The projects will certainly belong to the 3rd stage of the Soorya Bala Sangramaya (Battle for Solar Energy) program. The nation wishes the system will certainly aid it to include 200 MW of solar by the end of this year as well as 1 GW by the end of 2025.

According to a current joint research by the UN Development Programme (UNDP) as well as Asian Development Bank (ADB), Sri Lanka has the possible to release 16 GW of solar energy. It intends to cover its whole power need with renewables by 2050.


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