Sri Lanka gets USD-200m ADB loan for Mannar wind farm
This article is part of a daily series of IPP articles. If you want to know more about the latest power generation projects globally visit our IPP Today section. You can receive them by email on a daily basis.
The Asian Development Bank (ADB) committed to issue a loan with sovereign guarantee for US$200 million to Ceylon Electricity Board (CEB) for the development of a 100 MW wind project on Mannar Island, Sri Lanka.
The wind farm, which is expected to be completed near the end of 2021, entails the development of a 100 MW wind farms, its associated infrastructure including internal cabling and access roads, energy dispatch control center, as well as reactors for managing voltage levels.
The total project investment is estimated at US$257 million.
Ceylon Electricity Board (CEB) will define cost benchmarks and prepare tender documents for launching a competitive bidding process for the wind project .
ADB principal energy specialist Mukhtor Khamudkhanov said:
“The new Wind Power Generation Project will not only provide access to a clean and reliable power supply in Sri Lanka, but also create an environment for further wind power development through future public-private partnerships."
In early August we reported that Sri Lanka’s Ceylon Electricity Board (CEB), issued a Request for Proposals (RfP) for the construction of a 10-MW solar project in Batticaloa district. The 10-MW Vavunathivu Solar PV Power Project will be developed on Build Own & Operate (BOO) basis and will deliver power to CEB under a 20-year PPA. It will be connected to a grid substation near Vavunathivu, a town in Batticaloa District.
We have recently reported about several energy projects in Sry Lanka:
Country news
-
-
August 08, 2017
Ceylon Electricity Board issues solar RFP
Sri Lanka’s Ceylon Electricity Board (CEB), has issued a Request for Proposals (RfP) for the construction of a 10-MW solar project in Batticaloa district.
Read more -
August 07, 2017
Sri Lanka launches tender process 40km transmission line
Read more -
June 06, 2017
Sri Lanka approves 1,040 MW hybrid renewables park
Sri Lanka’s Cabinet of Ministers has given the go-ahead for the development of a a 1040 MW hybrid wind and solar energy park in Pooneryn in the battle-scarred Northern Province.
Read more -
March 06, 2017
Sri Lanka to tender 100 MW floating PV project
Sri Lanka’s government is to launch a tender process to develop a 100 MW floating solar power plant in the Maduru Oya reservoir.
Read more -
February 18, 2016
Sojitz Acquires Combined-Cycle Power Plant in Sri Lanka
Sojitz Corporation has acquired 90% equity interest in AES Kelanitissa Private Limited from The AES Corporation, a major US power company, through one of their subsidiaries. Read more
