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.
Energizing the Future: Development of a 100 MW Solar Park and Transmission Facility in Siyambalanduwa
A 100 MW solar park and 132 kV transmission facility project in Siyambalanduwa, Sri Lanka, led by Lakdhanavi Limited consortium, received the Letter of Intent on August 16, 2023.
Marking yet another significant milestone in the project, the 310 MVA Main Transformer reached the Port of Colombo on the 18th of February 2023.
Our people are at the heart of our company. The unwavering commitment to establishing a workplace culture that is inclusive and supportive has always been at the core of our business operations.
The Gas Turbine Generator of the new 350 MW Combined Cycle Power Plant arrived at the Port of Colombo on the 13th of January 2023.