Sri Lanka to get 10MW solar power plant

ECONOMYNEXT – A 10 megawatt solar power plant is to be built by Vydexa (Lanka) Power Corporation in Sri Lanka’s north-central Vavuniya district to meet growing demand for energy, a government spokesman said.

The plant will be built with an investment of $14.5 million and will add 19 GWh (GigaWatt hours) to the national grid annually, Media Minister Gayantha Karunatillake told a news conference.

The Cabinet of Ministers has approved a proposal by Minister of Development Strategies and International Trade Malik Samarawickrama for the project, which will generate electricity using solar photovoltaic cells.

The Cabinet has approved transfer of 22 hectares of state land at Nedun Kulam, Vavuniya, to the Board of Investment to give to Vydexa Power Corporation on a 25-year lease.

The company, with Canadian investors, has signed an agreement with the state power utility, Ceylon Electricity Board, to sell power generated by the solar power plant.
(COLOMBO, May 18 2016)

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