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NTPC-CEB joint venture begins 50 MW solar project in Sri Lanka

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Trincomalee Power Company Limited (TPCL), a 50:50 joint venture between NTPC Limited and Sri Lanka’s Ceylon Electricity Board (CEB), has started work on a 50 MW solar project in Sri Lanka’s eastern province. This marks a key step in cross-border energy cooperation. The project is part of a larger plan to develop 120 MW of solar capacity in phases. Phase I, comprising the initial 50 MW, has secured both the power purchase agreement with CEB…

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India and Sri Lanka discuss strengthening cooperation in mineral resources

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Union Minister of State for Coal and Mines, Shri Satish Chandra Dubey, met Sri Lanka’s Minister of Industry, Shri Sunil Handunnetti, in New Delhi. They focused on boosting bilateral cooperation in mineral exploration, particularly in securing critical minerals like graphite and beach sand, key for clean energy and advanced technologies. Shri Dubey outlined India’s National Critical Mineral Mission to secure raw materials like lithium, graphite, and nickel, stressing the importance of mining rights and global…

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Adani Green withdraws from two wind projects in Sri Lanka

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Adani Green Energy, part of India’s Adani Group, has decided to withdraw from two proposed wind power projects in Sri Lanka due to financial challenges. The decision follows recent discussions with the Sri Lankan government regarding the reduction of power generation costs. Sri Lanka’s capital, Colombo, had aimed to lower the cost of power to $0.06 per kilowatt hour, down from the initial $0.08. However, Adani Green Energy deemed the projects “financially unviable” in light…

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Sri Lanka to renegotiate wind PPA with Adani Green Energy

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The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI).  The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices. Sri Lankan government spokesman Nalinda…

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Adani Group refutes claims of PPA revocation with Sri Lanka

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Adani Group has confirmed that its power purchase agreement (PPA) with the Sri Lankan government for wind power projects remains intact, countering a report by AFP that suggested its cancellation. According to Reuters, despite recent reviews by Sri Lankan authorities, the agreement involving Adani’s 484MW wind power projects in Mannar and Pooneryn is unaffected. The Sri Lankan government has been reviewing Adani’s local projects following allegations from US authorities in November 2024, claiming that Gautam…

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Trincomalee Power to develop 50 MW solar project in Sri Lanka

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Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated will be transmitted to the…