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
Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka Updated On Tue, Jun 21st, 2022 by Saurenergy Unfazed by the political storm over recent off-the-cuff remarks by MMC Ferdinando, the former Chairman of Ceylon Electricity Board, a couple of weeks ago, Adani Group has set its sights on further expanding its operations in Sri Lanka through Adani Green Energy Limited (AGEL). The expansion plan entails setting up strategic projects that include about […] Read more
‘Renewable energy generation plan’ to be implemented in Sri Lanka from June 1 Updated On Mon, May 30th, 2022 by Saurenergy A ‘Renewable Energy Generation Plan’ will be implemented in Sri Lanka from June 1, 2022 to enhance the renewable energy generation and its share in the energy mix of the country. The information has been shared by the Minister of Power and Energy, Kanchana Wijesekera. Sri Lanka is undergoing an economic crisis brought by huge […] Read more
Adani to Build Two Renewable Energy Projects in Sri Lanka Updated On Tue, Mar 15th, 2022 by Saurenergy The Adani Group has signed a Memorandum of Understanding (MoU) with the Sri Lanka Government bagging two renewable energy generation projects of considerable size in the neighbouring country. There is no official confirmation from either Adani Group or the Government of Sri Lanka, but it has been reported that the two projects will be based […] Read more
China Suspends Sri Lankan Projects close to India Over ‘Security Concern’ Updated On Fri, Dec 3rd, 2021 by Saurenergy China has suspended a project to install hybrid energy plants in three islands of Sri Lanka, citing “security concern” from a “third party”, amid reports of India raising concern over its location. In January, the Chinese firm, Sino Soar Hybrid Technology, was awarded the contract to install a hybrid renewable energy system in Delft, Nagadeepa […] Read more
Solar Power As CSR Lights Up Temple In Sri Lanka Now Updated On Mon, Aug 30th, 2021 by Saurenergy Sri Lanka, which otherwise has very good weather conditions for solar power generation, is finally changing, and changing fast. Close on the heels of the government making plans to ramp up renewable energy generation from solar and wind, comes this story of a firm using Solar energy as a CSR initiative at a temple. Rooftop […] Read more