NTPC & Ceylon partner to establish 120 MW PV project in Srilanka

NTPC and Ceylon Electricity Board agreed to develop 50 MW (stage 1) and 70 MW (stage 2) solar plants in Trincomalee, Sri Lanka, replacing a planned coal project.

By Prudhvi Rani 20 Feb 2025 | Updated On 20 Feb 2025 21:36 IST in Project Bytes India Bytes

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NTPC and Ceylon Electricity Board formed a joint venture to develop a solar power station in Trincomalee, replacing a previously planned coal plant. Image Credit/Source: gregroose/Pixabay

Governments of Sri Lanka and India reached an agreement to establish solar power plants in Trincomalee, with capacities of 50 MW in stage one and 70 MW in stage two. The project was structured as a joint venture between the Ceylon Electricity Board and India’s NTPC on a construction, ownership, and operation basis. Initially, NTPC planned to develop a coal power plant at the site, but it was later converted into a solar power station. Meanwhile, Sri Lanka’s government considered retaining Adani Group’s investment in green energy if they renegotiated the purchase price.

#NTPC #SolarPowerProjects #Srilanka #CeylonElectricityBoard #Trincomalee

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