CEB enters PPA for 350 MW LNG Power Plant
The CEB has entered into a Power Purchase Agreement (PA) with Sobadanavi Limited for a 350 MW LNG Combined Cycle Power Plant at Kerwalapitiya on 19th of July 2021. This is the first agreement signed for a construction of a major power plant in the country after six years. The first stage of the power plant of 212 MW will be connected to the National Grid in early 2023 and the second stage of 138 MW in early 2024. The W Power Plant is envisaged to run on Liquefied Natural Gas (LNG) once completed in early 2024. This project will bring US $ 225 million Foreign Direct Investment to the country and operate as an Independent Power Plant.
Proposals for the above LNG Power Plant were invited in the latter part of the year 2016 but the procurement process could not be finalized due to many issues. However after the election of the new government, under the leadership and guidance of H.B. President Gotabaya Rajapaksa, speedy and bold actions were taken to resolve the issues and expedited the procurement process enabling CEB to sign the PPA.
Other News
Lakdhanavi Limited EPC Team Honoured with Engineering Excellence Award
Lakdhanavi Limited is proud to announce that our EPC team has been recognized with the Engineering Excellence Award under the Engineering Services (Large) Category at the 4th SLIIT International Conference on Engineering and Technology 2025 held on 10ᵗʰ September 2025 at Marino Beach Hotel, Colombo. This prestigious recognition reflects our unwavering commitment to engineering excellence,
Clarification on the Sahasdhanavi Power Plant Levelized Tariff
In light of recent public discussions and media reports concerning the levelized tariff of the Sahasdhanavi Power Plant, Sahasdhanavi Ltd wishes to clarify several critical facts that appears to have been largely misunderstood. The Long-Term Generation Expansion Plan (LTGEP) published by the Ceylon Electricity Board (CEB) and approved by Public Utilities Commission (PUCSL) has consistently
Sahasdhanavi Limited and CEB Ink PPA for 350 MW Sahasdhanavi Power Plant, Paving the Way for Cleaner Energy towards Sri Lanka’s Energy Security
Colombo, 3rd April 2025 – In a significant step towards enhancing Sri Lanka’s energy security, Sahasdhanavi Limited ...
Launch of the National Program for Environmental System Enhancement – “Ten Thousand Mee Trees”
We have partnered with the national initiative "Clean Sri Lanka", which promotes social, environmental ...