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* Sri Lanka electricity provider invites proposals to establish150 MW of solar parks
Mon, Mar 9, 2020, 11:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 09, Colombo: Sri Lanka’s largest electricity provider Ceylon Electricity Board (CEB) has invited proposals for 20 solar power projects ranging in size from 3 MW to 10 MW to a total capacity of 150 MW.

The CEB invites proposals from prospective developers (Project Proponents) through International Competitive Bidding (ICB) for development of solar PV power plants of total capacity 150 MW, AC on Build, Own & Operate (BOO) basis.

The solar PV power plants will be connected to 20 grid substations in different locations subject to available capacity indicated for each grid substation.

Project Proponents are required to design, finance, procure, construct, commission, operate and maintain the solar PV power plant and all associated equipment/services, and procure or lease land required for the project.

They are required to meet the entire cost of grid interconnection of the solar PV power plant, including power transmission line, transformers, protection and metering equipment and secure all environmental clearances, Government approvals and statutory licenses;

Interested Project Proponents will have time until 10am on May 21 to submit their proposals.

The CEB will be buying the power from the plants to be built as a result of the tender for a period of 20 years. The ceiling price for the tender is LKR 15.60 ($0.086)/kWh. The CEB said 80% of the proposed tariff will be re-adjusted based on fluctuations in the US dollar exchange rate.

The projects will be part of the third phase of the Soorya Bala Sangramaya (Battle for Solar Energy) program. The country hopes the scheme will help it to add 200 MW of solar by the end of this year and 1 GW by the end of 2025.


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